In a statement issued here, Karunanidhi said the controlling of inflation at five percent, announcements relating to seven new airports, solar power projects, reduction in taxes on mobile phones are welcome features.

Citing the DMK's demands to scrap service tax on rice and write off education loan, Karunanidhi said that the Centre has scrapped the service tax on rice and has given some relief to borrowers of education loan.

Finance Minister P Chidambaram presented the Interim Budget for 2014-15 in Parliament on Monday.

(Agencies)

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