Union Budget | PM Modi hails it as a guarantee for a developed India
The Hindu
Budget 2024: PM Modi hails the Union Budget as a guarantee for a developed India, empowering the young, poor, women, and farmers.
Prime Minister Narendra Modi asserted on Thursday, February 1, 2024, that the Union Budget presented by Finance Minister Nirmala Sitharaman offers the "guarantee" of strengthening the foundation of a developed India.
In a televised address following the budget, the Prime Minister said it will empower the four pillars of developed India, namely the young, poor, women and farmers.
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"This is a budget of creating India's future," he said, adding that it is a reflection of the young aspirations of a young India.
Citing the announcement of Rs 1 lakh crore fund for research and innovation, he noted that the "historic" budget has also offered rebates for start-ups. It has provisions for a huge capital expenditure of ₹11.11 lakh crore while keeping the fiscal deficit under control, Mr. Modi said.
The budget empowers the poor and middle class and will create countless employment opportunities for the youth, PM Modi said.
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