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Budget gives priority to the deprived: PM

United News of India by United News of India
February 1, 2023
in India
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New Delhi: The Budget-2023 gives priority to the deprived and strives to fulfill the dreams of the aspirational society, Prime Minister Narendra Modi said praising the Union Budget on Wednesday.

Congratulating the Finance Minister and her team, the Prime Minister remarked that “the first budget in the Amrit Kaal of India has established a strong base to fulfill the aspirations and resolutions of a developed India.”

Modi termed the traditional artisans like carpenters, lohar (ironsmiths) Sunar (goldsmiths), Kumhars (potters), sculptors and many others as the creator of the nation.

“For the first time, the country has come up with many schemes as a tribute to the hard work and creation of these people. Arrangements have been made for training, credit and market support for them. PM Vishwakarma Kaushal Samman i.e. PM ViKaS will bring a big change in the lives of crores of Vishwakarmas,” he said.

From women living in the cities to villages, employed to homemakers, the Prime Minister informed that the government has taken significant steps such as Jal Jeevan Mission, Ujjwala Yojna and PM Awas Yojana etc that will further empower women.

He emphasized that miracles can be performed if Women Self Help Groups, which is a sector with extreme potential, is further strengthened.

Underlining that a new dimension has been added to Women Self Help Groups in the new budget with the introduction of a new special savings scheme for women, the Prime Minister said it will strengthen women especially the homemaker from poor families.

This Budget, the Prime Minister said, will make cooperatives a fulcrum of the development of the rural economy.

“The government has made the world’s largest food storage scheme in the co-operative sector. An ambitious scheme to form new primary co-operatives has also been announced in the budget. This will expand the area of ​​milk and fish production along with farming, farmers, animal husbandry and fishermen will get better prices for their produce,” he said.

Emphasizing the need to replicate the success of digital payments in the agriculture sector, the Prime Minister said this budget comes with a big plan for digital agriculture infrastructure.

He informed that the world is celebrating the International Year of Millets and noted that there are many types of millets in India with multiple names.

“This superfood has been given a new identity of Shree-Anna,” the Prime Minister said as he underlined that small farmers and tribal farmers of the country will get economic support along with a healthy life for the citizens of the country.

This budget, Modi continued, will give an unprecedented expansion to Green Growth, Green Economy, Green Infrastructure, and Green Jobs for a Sustainable Future.

“In the budget, we have laid a lot of emphasis on technology and the new economy. Aspirational India of today wants modern infrastructure in every field like road, rail, metro, port, and waterways. Compared to 2014, investment in infrastructure has increased by more than 400 percent,” the Prime Minister said.

He informed that these investments will create new employment opportunities for the youth, thereby providing new income opportunities to a large population.

He also touched upon the Ease of Doing Business which is taken forward through the campaign of credit support and reforms for industries.

“An additional loan guarantee of Rs 2 lakh crore has been arranged for MSMEs,” the Prime Minister informed as he noted that increasing the limit of presumptive tax will help MSMEs to grow.

He also added that a new arrangement has been made for timely payments by big companies to MSMEs.

The Prime Minister informed that in order to empower the middle class, the government has taken many significant decisions in the past years that have ensured Ease of Living.

He highlighted the reduction in tax rates as well as the simplification, transparency and speeding up of the processes.

“Our government that always stood with the middle class has given huge tax relief to them,” he said.

UNI

United News of India

United News of India

United News of India

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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