Claiming that the Union Budget will strengthen the foundation of Indian economy, Prime Minister Narendra Modi on Saturday said the Budget has both “vision and action” even as he listed out various reforms announced in it.
Reforms announced in the Budget will push employment in the country and help in doubling farmers’ income, Modi said, adding Budget has further strengthened the Government’s commitment of minimum Government, maximum governance and eased the taxation process.
“The main areas of employment are agriculture, infrastructure, textiles and technology. In order to boost employment generation, these four areas have been given a lot of emphasis in this Budget,” PM Modi said, congratulating Finance Minister NIrmala Sitaraman, MoS Finance Anurag Thakur and team.
“The Budget has adopted an integrated approach to boost agriculture. This approach will not only strengthen the traditional agricultural practices but also help by value addition in horticulture, fisheries and animal husbandry. This in turn will generate employment in marketing and processing,” PM Modi said. He said to ensure that farmers’ income is doubled the Budget has prepared a 16-point action plan. “These will generate employments in rural areas,” he said.
Underlying that skill development of the youth has also been stressed upon in the Budget, Prime Minister said “India will now move to become a key member of the global value chain. Skill sets needed for the development of a modern and New India have been focussed”.
“Budget will give new energy to youth in country by promoting startups. Tax payer charter announced in Budget will clarify rights of tax payers. Budget has further strengthened Government’s commitment of minimum Government, maximum governance. Rather than taking different exams for Government jobs, single online exam will be taken by National Recruitment Agency,” Modi added in his televised address post-Budget presentation.