- By Nidhi Giri
- Sat, 01 Feb 2025 03:11 PM (IST)
- Source:JND
Prime Minister Narendra Modi lauded the Union Budget 2025 presented by Finance Minister Nirmala Sitharaman on Friday and highlighted how it was focused on increasing the savings of the citizens and making them partners in the development of the country. Calling the budget a "force multiplier," PM Modi congratulated FM Sitharaman for "Janta Janardan's, People's budget."
“This is the budget of aspirations of 140 crore Indians. This is a budget that fulfils the dreams of every Indian. We have opened many sectors for the youth. The common citizen is going to drive the mission of Viksit Bharat," PM Modi said in his address to the nation.
“This budget is a force multiplier. This budget will increase savings, investment, consumption and growth rapidly. I congratulate Finance Minister Nirmala Sitharaman and her entire team for this Janta Janardan's, People's budget”, PM Modi added.
Praising the budget for its policies, PM Modi said that the budget prioritises the savings of the citizens.
"Usually the focus of the budget is on how the government treasury will be filled, but this budget is exactly the opposite of that. How will this budget fill the pockets of the citizens of the country, how will the savings of the citizens of the country increase and how will the citizens of the country become partners in development... this budget lays a very strong foundation for this. In terms of reforms, many important steps have been taken in this budget. Encouraging the private sector in Nuclear Energy is historic. It will ensure a big contribution of Civil Nuclear Energy in the development of the country,” PM Modi remarked.
'Tax relief will provide big benefit to middle class, salaried employees," PM Modi added.
The prime minister, while highlighting the reforms in the Budget, said that private sector participation in nuclear energy is a significant step.
“Encouraging the private sector in nuclear energy is historic,” he said. He added that the move would strengthen the role of civil nuclear energy in the country’s development.
"...In this budget 'Gyan Bharat Mission' has been started for the preservation of one crore manuscripts. A National Digital Repository inspired by the Indian knowledge tradition will be created, that is, technology will be used to its fullest extent. The announcement made for farmers in the budget will become the basis of a new revolution in the agriculture sector and the entire rural economy...The limit of 'Kisan Credit Card' will be increased to Rs 5 lakhs, which will help them more."