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This is what PM Narendra Modi said about the union budget 2018

This is what PM Narendra Modi said about the union budget 2018

Prime Minister Narendra Modi on Thursday praised the Union Budget for its focus on rural poor, lower middle class and farmers. He congratulated Finance Minister for presenting a budget that would not only ensure “ease of doing business” but also “ease of living”.

“Ease of Doing Business as well as Ease of Living are in focus in this budget. More savings for the middle class, new generation infrastructure for 21st Century India and better health assurance — all are concrete steps towards Ease of Living,” Modi said.

Calling the Budget “development friendly”, Modi said it had something for everyone from farmers to common man to businessman and is expected to give boost to hopes and aspirations of 125 crore people of the country. Modi emphasised on the thrust given in the budget to increase earnings of farmers and provide healthcare to the poor.

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“This budget will live up to the expectation of every Indian Citizen. The budget has ensured the following – remunerative price of the crop to the farmer, upliftment of the poor with the welfare schemes, respecting the honesty of the tax paying citizen, support to the spirit of entrepreneurs with a right tax structure and hailing the contribution of senior citizens for the country,” Modi said.

He praised Jaitley’s decision to provide for one and a half times remunerative price for the cost incurred by the farmers for their produce and said that the Center would put in place a sound system in consultation with the states to ensure that the farmers can avail full benefits from this decision.

Giving Amul’s example, PM said the government will now adopt agriculture cluster approach in different districts across the country to ensure better marketability and prices for agricultural produce. He also welcomed the decision keep ‘Farmer Producer Organisation’ (FPO) out of the ambit of taxation as they function on the same lines as cooperatives. This, he said, would increase earnings of farmers.

He said farmers would now be able to access loans for allied activities such as pisciculture and animal husbandry through Kisan Credit Card. He said to increase earnings and employment opportunities emphasis has been laid on modernisation of infrastructure of 22000 rural business centres across the country.

He also expressed satisfaction at the success of Ujjwala Yojana and the increase in its target in the new budget from 5 crore families to 6 crore families. “A large number of Dalit, tribal and backward class families have been benefited from this scheme. This budget provides for allocation of about Rs 1 lakh crore for the welfare of scheduled castes and scheduled tribes,” Modi said.



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