The Budget has certainly outperformed people’s expectations on nearly all fronts and it will have a multiplier effect on our economy.
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“Farmers look towards governments after God and it is imperative on us to ensure that the farmers are looked after well”, the prime minister said.
Addressing school students in his “Mann ki Baat” programme yesterday, Modi had said: Friends, your examinations are starting.
The budget presented by the Modi-led government has no new tax concessions. “But I feel like saying in the current situation that he has passed the examination”, the DMK president said. India has always been called an agrarian country but this is the first time that people have realised that with the budget being dedicated to farm sector, ‘ Union Minister Mukhtar Abbas Naqvi told reporters.
“Indian economy is safe and strong even amid a global economic slowdown only due to lockout and blockade of “loot lobby” by the Modi government”.
“The biggest focus of this Budget is village, poor, farmer, women and youth”.
“This atmosphere of trust and development has sent those people into depression who considered loot of public money as their birth right”.
“Since the ban was implemented, Christians in the Bastar District reportedly have been subjected to physical assaults, denial of government services, extortion, threats of forced expulsion, denial of access to food and water, and pressure to convert to Hinduism”. Giving 10 on 10 to the FM, Das said that the middle class will get benefitted indirectly as the rebate in house rent allowance has been increased from Rs 24,000 to Rs 60,000.
Highlighting the benefits of the newly launched Pradhan Mantri Fasal Bima Yojana, the PM said that the crop insurance scheme was a “Suraksha kavach” for the farmers.
One of India’s biggest and most politically crucial states, Uttar Pradesh goes to the polls next year. They have total deposits of Rs33,379 crore, he was quoted as saying by sources.
Singh said that the Budget has also provided for a health cover of up to Rs 1 lakh to BPL families which shows this governments concern for poor and needy.
“A sum of Rs 2.87 lakh crore will be given as grant-in-aid to gram panchayats and municipalities as per recommendations of the 14th Finance Commission”.
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Modi said the budget also lays thrust on the national security by having provisions for boosting defence manufacturing and providing the armed forces with modern and potent equipment.
