India

Budget empowers middle class, paves way for ‘Viksit Bharat’: PM Modi

Darpan News Desk IANS, 23 Jul, 2024 12:09 PM

New Delhi, July 23 (IANS) Prime Minister Narendra Modi on Tuesday hailed the Union Budget 2024-25 as ‘holistic and all-inclusive’ and said that it will empower every section of the society while paving the way for ‘Viksit Bharat’.

The #BudgetForViksitBharat ensures inclusive growth, benefiting every segment of society and paving the way for a developed India.https://t.co/QwbVumz8YG
— Narendra Modi (@narendramodi) July 23, 2024

“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.

The Economic Survey highlights the prevailing strengths of our economy and also showcases the outcomes of the various reforms our Government has brought.

It also identifies areas for further growth and progress as we move towards building a Viksit Bharat.…
— Narendra Modi (@narendramodi) July 22, 2024

“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 Sitharaman on Tuesday presented the first Budget of Modi 3.0, showcasing nine priorities of the government.

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 10 years ensured that those in the lower and middle-income tax category get relief. Revision in tax slabs and increase in Standard deduction is a step in this direction. Every taxpayer stands to benefit from this,” PM Modi said.

He said that the Budget will act as a catalyst in taking forward the India growth story and make India the third largest country in next few years.

“It will lay a strong foundation for the emergence of Viksit Bharat,” PM Modi stated.

Prev Next

MORE India ARTICLES

Incessant rain triggers landslides, floods in Arunachal Pradesh

Incessant monsoon rains during the past two days triggered landslides, flash floods and water logging in various parts of Arunachal Pradesh, badly affecting normal life in several districts, officials said on Tuesday. Officials said that a portion of the National Highway 415, along with a culvert, was washed away at Karsingsa in Papum Pare District, snapping connectivity between Nirjuli and Banderdewa.

Incessant rain triggers landslides, floods in Arunachal Pradesh

Indian banks have bounced back in 10 years with 4-fold jump in profits: Report

Indian banks have bounced back over the last 10 years with a 4-fold increase in profits and a sharp decline in bad loans, according to a report by capital markets and investment group CLSA. "Balance sheets of Indian banks are the strongest they have been in over a decade, and profits have rebounded sharply (quadrupling in 10 years)," the report states.

Indian banks have bounced back in 10 years with 4-fold jump in profits: Report

Eid prayers pass off peacefully in J&K

Eid prayers passed off peacefully in J&K as thousands of Muslims gathered for congregational prayers at mosques and Eidgahs in different places. The largest Eid congregation was held at the Hazratbal mosque in the Srinagar city outskirts where hundreds of Muslims gathered for the Eid prayers.

Eid prayers pass off peacefully in J&K

Giving ample water, Delhi facing crisis because of inefficient govt: Haryana CM

Saini told media persons in Kurukshetra that the Haryana government was releasing more water than earlier to mitigate water woes in the capital but the AAP government’s approach to the crisis has only aggravated the situation. He termed the Delhi administration as ‘inept and inefficient’ for its failure to build a system of water distribution despite being 10 years in power.

Giving ample water, Delhi facing crisis because of inefficient govt: Haryana CM

Bengal train accident: Death toll rises to 9, 41 injured

The death toll in the train accident in West Bengal's Darjeeling district where a goods train hit the Sealdah-bound Kanchanjunga Express on Monday morning has risen to nine, officials said. The took place close to the Rangapani railway station near New Jalpaiguri, on the 'Chicken's Neck' corridor that connects the Northeast with the rest of the country.

Bengal train accident: Death toll rises to 9, 41 injured

Sullivan calls on PM Modi as India-US work on deepening strategic partnership

Prime Minister Narendra Modi on Monday assured the visiting US National Security Advisor (NSA) Jake Sullivan of deepening the India-US strategic partnership during his third term. The US NSA arrived in India after attending and addressing the Peace Summit on Ukraine hosted by Switzerland over the weekend.