PM Modi says 'budget for new India' will benefit everyone
What's the story
Prime Minister Narendra Modi on Friday said all classes of society will benefit from the Union Budget 2019, which was presented by Piyush Goyal earlier in the day. PM Modi said tax exemption for those earning up to Rs. 5 lakh/annum was a long-standing demand, but only his government paid attention to it. He added his government would work for the benefit of farmers.
Schemes
PM Modi says the budget will strengthen farmers
About the Pradhan Mantri Kisan Samman Nidhi scheme, PM Modi said it will benefit nearly 12 crore marginalized farmers. He said his government worked towards uplifting the farmers who were neglected by successive governments. Animal husbandry sector and fisheries will also largely benefit from this budget, he claimed. "The development initiatives of the NDA government have touched several lives," he said.
Twitter Post
"Farmers were ignored earlier, but we took care of them"
For years, many initiatives have been initiated for farmers but sadly, lot of farmers never came under the ambit of these schemes.
— PMO India (@PMOIndia) February 1, 2019
The PM Kisan Nidhi will help those farmers who have under 5 acres of land. This scheme is a historic step for farmer welfare: PM @narendramodi
Middle class
PM Modi appreciates middle class for doing their bit
PM Modi also thanked middle class and praised them for paying taxes which help in strengthening the country's economy. He said this budget will fulfill dreams of the middle class. About traders, PM Modi said the schemes launched by the Centre will help them in doing business. "From housing to healthcare, several aspects have been touched in the budget for new India," he said.
Details
The budget took care of unorganized sector: PM Modi
The unorganized sector which makes for a large section of workforce will be happy with the schemes announced in this budget, said PM Modi. The PM Shram Yogi Man Dhan Yojana, which provides them with a minimum pension of Rs. 3,000/month for a contribution of Rs. 100 or less, will improve their lives. He added the Ayushman Bharat programme helped lakhs of underprivileged.
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You can watch his full speech here
This is a #BudgetForNewIndia and for all Indians. Watch my take. https://t.co/eAsPXMk1Dr
— Narendra Modi (@narendramodi) February 1, 2019