Budget 2025: PM Modi calls it a game-changer for India's growth

Prime Minister Narendra Modi connected Saturday praised the Union Budget 2025, emphasising its people-centric attack and its relation successful shaping India's economical future. He described it arsenic a "historic people's budget" that volition propel India's maturation portion providing important alleviation to the mediate class, farmers, and entrepreneurs.

Relief for Middle Class and Taxpayers

PM Modi highlighted large taxation reforms aimed astatine easing the fiscal load connected citizens.

"In this Budget, income up to Rs 12 lakh per annum has been made tax-free. Tax reductions crossed each income groups volition supply immense alleviation to the mediate class. It volition besides make large opportunities for young professionals who person precocious entered the workforce," helium stated.

Boost for Agriculture and Rural Economy

The Prime Minister underscored the budget's provisions for the agriculture sector, peculiarly the recently introduced 'PM Dhan Dhanya Krishi Yojana.'

"Irrigation and infrastructure improvement volition instrumentality spot successful 100 districts nether this scheme. Additionally, the Kisan Credit Card bounds has been raised to Rs 5 lakh, ensuring much fiscal enactment for farmers," helium noted.

Manufacturing and Job Creation

Focusing connected concern growth, PM Modi stressed the budget's "360-degree approach" to supporting entrepreneurs, MSMEs, and tiny businesses.

"From the National Manufacturing Mission to industries similar CleanTech, leather, footwear, and the artifact industry, aggregate sectors person received peculiar support. Our extremity is for Indian products to radiance successful the planetary market," helium asserted.

To further boost state-level investments, helium announced a doubled recognition warrant for MSMEs, fostering a competitory concern situation crossed the country.

Empowering Marginalised Communities and Gig Workers

PM Modi highlighted societal payment initiatives, peculiarly for Scheduled Tribes (ST), Scheduled Castes (SC), women entrepreneurs, and gig workers.

"For the archetypal time, gig workers volition beryllium registered connected the e-Shram portal, allowing them to entree wellness and societal information benefits. This reflects our government's committedness to the dignity of labour and the 'Shramev Jayate' mantra," helium said.

Technology and Innovation Push

The Prime Minister outlined steps to promote innovation and technological advancement, including the instauration of the Deep Tech Fund, Geospatial Mission, and Nuclear Energy Mission.

"These steps volition signifier the aboriginal of India's system by supporting startups and cutting-edge industries," helium added.

Transforming Key Sectors

PM Modi highlighted cardinal manufacture reforms, including the backstage sector's introduction into atomic vigor and granting infrastructure presumption to shipbuilding.

"This determination volition accelerate maturation successful India's civilian atomic vigor sector, portion shipbuilding volition person a large boost nether 'Atmanirbhar Bharat,' generating extended employment," helium noted.

Tourism and Heritage Conservation

Recognising the imaginable of India's tourism industry, PM Modi announced that hotels volition present beryllium included nether infrastructure projects, facilitating large-scale development.

"By bringing hotels nether the infrastructure category, the tourism and hospitality sectors volition person a large boost. These industries play a important relation successful employment generation," helium remarked.

Concluding his remarks, PM Modi reiterated that the Budget embodies the imaginativeness of "Vikas bhi, Virasat bhi" (Development and Heritage together), balancing modern advancement with taste preservation.

"This Budget is simply a unit multiplier for India's growth, and I congratulate each national for being portion of this transformative journey," helium said.