Hailing the Union Budget as “bold and brilliant”, SAD president Sukhbir Badal on Thursday said that its emphasis on fiscal reforms on the one hand and on growth, infrastructure development and rural economy, especially farm economy, on the other bear the stamp of master-class financial planning and management.
“It is only the bold economic vision evident in this budget and the persistent attention to long-term investments in social sector by the NDA government that India has emerged as the fastest growing economy in the world today,” he said.
He said that the decision to ensure MSP equivalent to at least 1.50 times of the costs incurred by the farmers showed agriculture and the rural economy remained the highest priority of this Government. “Involving states in the finalisation of the MSP is in line with the demands made by the SAD over a long period,” he added.
Also welcoming emphasis on MSMEs and Rs three lakh crore for Mudra loan, Sukhbir said that the budget is also proof of how well the country's economy is being managed at this time.