PM Modi on Interim Budget 2024 : Prime Minister Narendra Modi expressed his appreciation for the Interim Budget 2024, terming it “inclusive and innovative
PM Modi on Interim Budget 2024 : Prime Minister Narendra Modi expressed his appreciation for the Interim Budget 2024, terming it “inclusive and innovative.” In his first post-budget remarks, PM Modi emphasized the budget’s focus on empowering the four pillars of Viksit Bharat – Youth, Poor, Women, and Farmers. He highlighted the commitment to continuity, projecting the Budget as a key factor in propelling India toward developed nation status by 2047.
PM Modi underscored the Interim Budget’s alignment with the aspirations of a young India. He identified two pivotal decisions within the budget, emphasizing a substantial fund of Rs 1 lakh crore dedicated to research and innovation. This move reflects the government’s acknowledgment of and commitment to the dynamic aspirations of the country’s youth.
Empowering the Marginalized: Focus on Poor and Middle Class
The Prime Minister highlighted the budget’s emphasis on empowerment for the poor and middle class. Notable announcements include the construction of 2 crore additional houses for the underprivileged, aiming to create 3 crore ‘Lakhpati Didis.’ Furthermore, the Ayushman Bharat scheme benefits extend to ASHA and Anganwadi workers, aligning with the vision of inclusive development.
PM Modi praised the budget’s strategic approach in keeping the fiscal deficit under control while allocating a historic high of Rs 11,11,111 crore for capital expenditure. Describing it as a ‘sweet spot,’ he emphasized the significance of this allocation in developing 21st-century infrastructure and generating abundant employment opportunities for the youth.
Relief for Middle Class: Income-Tax Remission Scheme
Acknowledging the challenges faced by the middle class, PM Modi highlighted the significance of the income-tax remission scheme. This scheme is expected to provide relief to 1 crore people from the middle-income group, aligning with the government’s commitment to easing the financial burden on this segment.
PM Modi underscored the budget’s farmer-centric decisions, recognizing their crucial role in India’s economy. While specifics weren’t detailed, the emphasis on agriculture signals a commitment to addressing challenges in the sector and supporting the farming community.
Amit Shah Commends Budget’s Vision and Milestones
Union Home Minister Amit Shah lauded the Interim Budget 2024, asserting that it charts the path to fulfill PM Modi’s vision of a developed Bharat by 2047. Shah praised Finance Minister Nirmala Sitharaman for presenting an insightful budget speech, attributing the achievements of the last decade to the foundation upon which the vision for a Viksit Bharat is being realized.
A Budget Paving the Way for Development and Excellence
In conclusion, PM Modi’s endorsement and Amit Shah’s commendation highlight the Interim Budget 2024 as a pivotal step towards inclusive and innovative development. The emphasis on research, infrastructure, relief for various segments, and a vision for a developed Bharat collectively shape a narrative of progress and excellence. As the budget sets the tone for the nation’s economic trajectory, optimism prevails, reinforcing the commitment to an empowered and prosperous India.
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