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

Pran Pratishtha event an election, political function so Cong will skip it: Rahul Gandhi

Congress leader Rahul Gandhi on Tuesday said that the Pran Pratishtha ceremony on January 22 is “an election and political function” and that’s why the Congress has decided to skip the event in Ayodhya. On the third day of his ongoing Bharat Jodo Nyay Yatra (BJNY) which has now reached Nagaland, the Congress leader said that the event in Ayodhya is a political one as it is an RSS-BJP function.

Pran Pratishtha event an election, political function so Cong will skip it: Rahul Gandhi

RBI wants ceiling for state govts’ guarantees to be fixed at 5% of revenue

The RBI has also recommended that state governments may consider charging a minimum guarantee fee for guarantees extended and additional risk premium may be charged based on the risk category and the tenor of the underlying loan. It said that besides, state governments may publish data relating to guarantees, as per the Indian Government Accounting Standard (IGAS).

RBI wants ceiling for state govts’ guarantees to be fixed at 5% of revenue

Parliament security breach case: Court reserves order on Neelam Azad's bail plea, Delhi Police opposes relief

A Delhi court on Tuesday reserved, for January 18, its order on the bail application of Neelam Azad, one of the six accused in the December 13, 2023, Parliament security breach case. As Additional Sessions Judge Hardeep Kaur of Patiala House Courts heard the matter, the Delhi Police opposed Azad’s bail plea, saying that the material and documentary evidence demonstrate her involvement in the offence, making her ineligible for release on bail.

Parliament security breach case: Court reserves order on Neelam Azad's bail plea, Delhi Police opposes relief

Despite 'War Room' Delhi airport chaos continues, over 90 flights delayed

Despite the establishment of 'War Rooms' at six metropolitan airports, chaos at Delhi airport continued for the third day on Tuesday with the departure of over 90 domestic flights either delayed or rescheduled by a few hours. As per sources, the delays were attributed to dense fog in the morning leading to air traffic congestion.

Despite 'War Room' Delhi airport chaos continues, over 90 flights delayed

Tax reforms resulted in record tax collection: PM Modi

Prime Minister Narendra Modi said on Tuesday that reforms brought in the tax system in the country during the last 10 years have resulted in record tax collections. He said that the government simplified the income tax system and introduced a modern system in the form of GST.

Tax reforms resulted in record tax collection: PM Modi

Gurugram hotel murder: Divya Pahuja cremated; accused Balraj Gill sent to 4-day police custody

The body of Divya Pahuja, a former Gurugram-based model and girlfriend of slain gangster Sandeep Gadoli that was recovered on January 13 -- eleven days after she was shot dead at a hotel here, was cremated on Sunday by her family members. Divya, 27, was allegedly killed by Abhijeet Singh, the owner of Hotel City Point where she was staying.