New Delhi, February 1: Prime Minister Narendra Modi, speaking after the interim Union Budget 2019, said that the budget kept the aspirations of every section in mind and has paid special attention to the needs of the farmers. The Prime Minister said that the government has been taking one strong step after another for the farmers. "For farmers, there have been several schemes by different govts from time to time, but only 2-3 crore farmers were included under these schemes. But now PM Kisan Samman Nidhi scheme will benefit over 12 crore farmers who own 5 acres or less than 5 acres of land," said the Prime Minister. Budget 2019 Full Speech: Read Complete Text of Piyush Goyal’s Interim Budget Speech in Parliament.
PM Modi also spoke about the unorganised labour and sector and said that Ayushman Bharat Yojana, and other schemes will benefit the 40-45 crore people working under these sectors. Notional Rent Explained: In Budget 2019-20, Piyush Goyal Announces Tax Exemption On Deemed Rent On Second Self-Occupied Property.
The Prime Minister added that, "It's generosity and honesty of middle class and upper middle class which provides tax to the nation through which schemes are formulated and there is welfare of poor. There was always the demand to exempt those, with annual income upto Rs 5 Lakh, from taxation. Our govt fulfilled this." PM Modi said that the given exemption to those earning below Rs 5 lakh per year has been a long standing demand that has now been fulfilled by this budget. Budget 2019: Piyush Goyal Rejigs Tax Slab, Rolls-Out Income Support Scheme For Farmers, Here’s How Politicians React.
PM Modi said that, "This is an Interim Budget. This is just a trailer of the budget which, after elections, will take India on the path to development." Interim Budget 2019–20: Piyush Goyal Allocates Rs 1330 Crore for Mission for Protection and Empowerment for Women.
The Prime Minister said that, "From middle class to labourers, from farmers’ growth to the development of businessmen, from manufacturing to MSME sector, from growth of the economy to development of New India, everyone has been taken care of in this interim budget." New Tax Slabs After Budget 2019: If Your Income Is Rs 5 Lakh, 7.5 Lakh or 10 Lakh, Here’s The Amount You’ll Have to Pay.
"In this Budget, more than 12 crore farmers and more than 3 crore middle class families, and more than 30 crore labours will get direct benefits." The Prime Minister congratulated interim Finance Minister Piyush Goyal and Arun Jaitley and their team for the budget.
(The above story first appeared on LatestLY on Feb 01, 2019 03:49 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).