Prime Minister Narendra Modi said on Wednesday, the focus of the Union Budget is on providing basic facilities to the poor, middle class and youth, and said that it is imperative that India becomes self-reliant. In his address on ‘Aatmanirbhar Arthvyavastha’ at a BJP event, he said that post-Covid, the possibility of new world order is emerging and the initial indicators of it are already visible.
A big change is yet to come in India, PM said.
Modi said,”People, globally, want to see an empowered and strong India. It is imperative for us that we take our country forward at a rapid pace and strengthen it across several sectors.It is very important that India not only becomes self-reliant but also that a modern India is built on the foundation of ‘Aatmanirbhar Bharat’.Leaving aside the political angle, the budget has been welcomed from all quarters.”
Modi also said migration from border villages is not good for national security and the budget has provisions to develop ‘vibrant villages’ on the border.
In the last seven years, the decisions taken are continuously enlarging the Indian economy, Modi said.
He said, India’s GDP was Rs 1.10 lakh crore. Today, our GDP is nearly Rs 2.3 lakh crore, 7-8 years ago.
In a statement on Tuesday, Prime Minister Modi had said the Union Budget presented by Finance Minister Nirmala Sitharaman was “people-friendly, progressive” and full of possibilities for infrastructure, investment, growth and jobs.
Finance Minister Sitharaman unveiled a Rs 39.45 lakh crore budget, with higher spending on highways to affordable housing to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic.
While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates.