New Delhi: On Tuesday, Prime Minister Narendra Modi welcomed the Union Budget 2024–25, calling it “holistic and all-inclusive” and asserting that it will empower all societal segments, from farmers to the youth, and pave the path for “Viksit Bharat.” This comprehensive approach ensures that no section of society is left behind in the budget’s benefits.
“This budget will empower all sections of the society. It will take the farmers on a path to prosperity. It will unveil new opportunities for the youth. Thrust on Education and skills training will open these sectors for the next level of growth,” said the Prime Minister in his first reaction to the Union Budget.
“It will give strength to the middle class. Backward classes will also be strengthened while women’s economic participation in the country’s growth will also be ensured. Small traders, as well as MSMEs, will find adequate support for fast-paced growth,” he added.
Finance Minister Nirmala Sithraman presented the first Budget of PM Modi’s third term in office, often referred to as ‘Modi 3.0 ‘, on Tuesday, showcasing nine government priorities.
PM Modi further said that the Budget will give an unprecedented push to job generation and self-employment in the country.
“NDA government in last ten years ensured that those in the lower and middle-income tax category get relief. Revision in tax slabs and an increase in standard deduction are steps in this direction. Every taxpayer stands to benefit from this,” PM Modi said.
He said that the Budget will act as a catalyst in advancing India’s growth story, instilling a sense of optimism about the country’s future, and making India the third-largest country in the next few years.
“It will lay a strong foundation for the emergence of Viksit Bharat,” PM Modi stated.
Photo: IANS
