Prime Minister’s Statement after the Union Budget 2019-20
Author: Desk February 2, 2019
PM Modi-led government announced multiple measures to benefit the middle-class taxpayers as well as farmers in the Union Budget 2019. Prime Minister said that the Budget 2019 was only a trailer of the ‘new India’ to come. He also congratulated Goyal on his Budget. The Prime Minister also said that there have been several schemes by different governments 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,”.
Former Finance Minister P Chidambaram criticised the Budget 2019 and said that his one line comment would be that Budget 2019 was “not a Vote on Account but an Account for Votes”. He further added that the government’s “last-gasp announcements” will effectively end in ninety days. “The question that naturally springs to one’s mind is ‘if these were important and necessary interventions, what was the government doing for five years?'” P Chidambaram said.
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
PM Modi says It’s the generosity and honesty of middle class and upper middle class which provides tax to the nation through which schemes are formulated and there is the welfare of poor. There was always the demand to exempt those, with annual income up to Rs 5 Lakh, from taxation, Our govt fulfilled all these demands.
PM Modi says, from the middle class to labourers, from farmers’ growth to the development of businessmen, from manufacturing to MSME sector, from the growth of the economy to development of New India, everyone has been taken care of in this interim budget.
Prime Minister Narendra Modi says, “This is an Interim Budget. This is just a trailer of the budget which, after elections, will take India on the path to development.” Our government is announcing one significant measure after another for farmers.