Prime Minister Narendra Modi on Wednesday described the Union Budget as the “first Budget of Amrit Kaal” (the 25-year period from 2022 till 2047, when the country will celebrate 100 years of Independence), which would lay a strong foundation for a developed India.
“The first Budget of Amrit Kaal will build a strong foundation for building a developed India. It gives priority to the deprived. This budget will fulfil the dreams of an aspirational society including poor people, middle-class people, and farmers. I congratulate Nirmala Sitharaman and her team for this historic Budget,” he said in a televised address after the Union Budget was presented.
Modi described the middle class as a big force and said that the government has made many decisions to empower them.
Also Read: Indian economy on right track says Sitharaman
While presenting the Union Budget 2023-24 in Lok Sabha, Union Finance Minister Nirmala Sitharaman on Wednesday said the Indian economy is on the “right track and heading towards a bright future”.
“Our focus on reforms and sound policies resulting in Jan Bhagidari helped us in trying times, our rising global profile is due to several accomplishments,” she said.
Sitharaman further said that the entire expenditure of about Rs 2 lakh crore under the PM Garib Kalyan Anna Yojana is being borne by the Central government, for supplying free foodgrains for a year to all Antyodaya and priority households.
The Union Cabinet meeting chaired by Prime Minister Narendra Modi on Wednesday approved the Budget 2023-24 ahead of it being tabled by Finance Minister Nirmala Sitharaman in Parliament.
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