Highlights

  • PM Modi praises interim budget presented by Nirmala Sitharaman
  • Modi: budget guarantees the strengthening the foundation of India
  • Modi: it stresses on empowerment of the poor and the middle class

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Budget stresses on empowerment of poor, middle class: PM Modi

'This Budget stresses on empowerment of the poor and the middle class and creating of new employment opportunities for them,' PM Modi said. 

Budget stresses on empowerment of poor, middle class: PM Modi

Prime Minister Narendra Modi asserted on Thursday 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, he said it will empower the four pillars of developed India, namely the young, poor, women and farmers.

"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 Rs 11.11 lakh crore while keeping the fiscal deficit under control, he said.

Also watch: Budget 2024: Fiscal deficit for 2024-25 estimated at 5.1% of GDP

The budget empowers the poor and middle class and will create countless employment opportunities for the youth, he said.


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