Budget 2024: PM Modi Touts It As A Guarantee, Strengthening India's Foundation For Development By 2047

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The Prime Minister noted that the budget resonates with the aspirations of young India, emphasizing two pivotal decisions. Firstly, the allocation of a substantial Rs 1 lakh crore fund for research and innovation, showcasing the government's dedication to fostering technological advancements. Secondly, the expansion of tax exemptions for startups was announced, aligning with the vision to encourage entrepreneurial spirit.

Modi highlighted the historic high of Rs 11 lakh 11 thousand 111 crore allocated to capital expenditure while maintaining control over the fiscal deficit. He proudly pointed out the government's achievements, including the construction of over 4 crore houses for the underprivileged, with an ambitious target of 2 crore additional new houses.

Turning attention to women empowerment, Modi mentioned the initial goal of creating 2 crore women Lakhpati Didi, which has now been elevated to a target of 3 crore. Significantly, the budget unveiled pivotal decisions benefiting farmers, encompassing the use of NANO DAP, new schemes for animals, expansion of PM Matsya Sampada Yojana, and a self-reliant oil seed campaign aimed at boosting farmers' income and reducing expenses.

As the Lok Sabha deliberates on the interim budget, Prime Minister Modi's endorsement positions it as a visionary document, steering India toward progress and prosperity in the years to come.