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The Budget for New India: PM Modi

By Swati Deshpande,

Added 01 February 2019

Giving impetus to economic growth

Prime Minister Narendra Modi has lauded the budget as the budget for New India which will energise the nation. In the statement  after the presentation of interim budget 2019-20, PM said that over 12 crore farmers and their families, over 3 crores middle class tax payers professionals and their families and 30-40 crore labourers will gain thanks to the Budget for New India.

He further mentioned, the development initiatives of the NDA government have touched several lives which have been reflected in the budget proposals from farmer welfare to middle class, from income tax relief to infrastructure, from manufacturing to MSME, from housing to healthcare and from the increased pace of development to the New India.

He expressed happiness that it is good to see more people being removed from the shackles of poverty. Our Neo-middle class is rising and so are their dreams. PM congratulated the middle class for the relief in taxes and said, I salute the middle class for their stellar contribution towards the development of the nation.

PM summed it up saying that it is essential to ensure the benefits of development reach all sections of society. He said," The budget will empower the poor, give a boost to the farmer and an impetus to the economic growth."

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