A Budget with ‘Vision and Action’, will give push to Economy: Modi

| Published on:

Asserting that the Union Budget will accelerate the economic growth, financially empower every citizen and strengthen the foundation of the economy in the new decade, Prime Minister Shri Narendra Modi heaped praise on it for having both “vision and action”.

He said provision of faceless appeal, new and simple structure of direct tax, move towards unified procurement system, stress on disinvestment are some of the steps which will reduce the government out of people’s lives and will enhance their “ease of living”.

“I believe that this budget will increase income and investment, increase demand and consumption, bring new vigour in the financial system and credit flow,” he said.

The Budget, Shri Modi noted, will meet the current needs of the country as well as the future expectations in the decade. “The new reforms announced in the Budget will work to accelerate the economy, financially empower every citizen of the country and strengthen the foundation of the economy in this decade,” PM Shri Modi said in his comments.

Noting that the main areas of employment are agriculture, infrastructure, textiles and technology, he said the four have been given great emphasis in the Budget to increase employment generation.

Referring to the government’s efforts to double the income of farmer, he said 16 action points have been created which will serve to increase employment in rural areas.

Integrated approach has been adopted for the agriculture sector in the Budget, which along with traditional methods will increase value addition in horticulture, fisheries, animal husbandry and also increase employment, he said. “Under the Blue Economy, the youth will also get new opportunities in the field of fish processing and marketing,” Shri Modi noted.

Referring to the Ayushman Bharat scheme, the PM said it has given a new expansion to the health sector of the country. “In this sector, there has been a lot of scope for human resources – doctors, nurses, attendants as well as medical device manufacturing. New decisions have been taken by the government to increase it,” he said.

The PM said in the budget, the government has made several special efforts to promote employment generation in the field of technology. A number of policy initiatives have been taken for areas such as new smart cities, electronic manufacturing, data centre parks, biotechnology and quantum technology.

Shri Modi hoped that India will move strongly towards becoming an integral part of the global value chain.

Steps like establishing a common online exam for government jobs, Kisan Rail and Krishi Udaan are going to have long-term benefits for a cross section of citizens. He said to get government jobs, youth have to take many different exams and travel to places. “Changing this arrangement, appointments will now be made through the online Common Examination taken by the National Recruitment Agency,” he said.