Prime Minister Narendra Modi has high expectations to meet, and the Budget 2019 was his first big test after a historic victory in the Lok Sabha Elections 2019. And, Finance Minister Nirmala Sitharaman finally presented Union Budget 2019.
After the budget was introduced, Prime Minister Modi first said,
“I congratulate the first woman Finance Minister Nirmala Sitharaman for presenting a citizen friendly and a future friendly Budget. This is a Budget aimed at making the citizens of the country prosperous.”
Further, in a statement, he said that the Union Budget would give strength to the poor, greatly benefit the middle class and accelerate the pace of development in the country.
“This is a budget full of hope, belief and aspirations.”
Reforms in the budget will strengthen the foundation of the “next 10 years.” He continued by saying,
“The budget is giving this belief that the direction is right, the process is correct, the pace is good and hence reaching the target is certain. This budget will set the path for the country to attain our targets in 2022. I wish to congratulate the first woman finance minister Nirmala Sitharaman and her team for this citizen-friendly, development-friendly and future-oriented budget.”
Further, PM Modi stated that the farmers, poor, and backward sections would prove to be the “powerhouse” that will drive India to a $5-trillion economy soon.
“Our government in the last five years has done a lot to empower the poor, farmers, scheduled castes, oppressed and the underprivileged sections of the society.”
“This empowerment would make them the powerhouse of the country in the coming five years. The country will get the energy to fulfil the dream of a $5-trillion economy from these empowered sections of people.”
Later PM Modi said that the country has shrugged off the grip of despondency in the past five years but is now full of self-confidence and hope.
PM Modi said,
“This budget is giving hope to people that their aspirations can be fulfilled.”
He also mentioned that the common people had to struggle for some basic facilities earlier like electricity, quality roads, cooking gas, and cleanliness besides fighting VIP culture & corruption.
“We have successfully helped reduce these challenges.”
PM Modi said the budget includes financial reforms and will simplify the tax process and will also strengthen enterprises as well as entrepreneurs.
He also said that the budget opens up new possibilities for youth, hence will offer a better future them. It will also enhance the encouragement of women in the country’s development and is, therefore, a budget for New India.
“It will bring ease of living for common citizens along with welfare for the poor in the village.”
Moreover, the budget focuses on the environment and electric mobility. Hence, PM Modi calls it a “green budget.”
The budget includes structural reforms regarding the agriculture sector, including the transfer of Rs 87,000 crore to farmers under the Pradhan Mantri Kisan Nidhi scheme. He said,
“Investing in rural infrastructure will lead to more job opportunities in villages.”
“This budget will improve education and bring the advantages of artificial intelligence and space research to people.”