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Vikas Ka Budget Explained By Prime Minister Narendra Modi

Vikas Ka Budget will change common man’s life: Modi

Prime Minister Narendra Modi on Monday congratulated Union Finance Minister Arun Jaitley for the Vikas Ka Budget, tabled in Parliament, saying that women and farmers and rural India were the focus of the Union Budget.

Speaking on the Budget, Modi said: “Substantial resources have been allocated to create infrastructure across India. The common man’s life will change.”

He said the budget will give a new direction and life to the rural economy, bringing big change to the life of the common man.

“I want to congratulate the finance minister on the Budget, which is focused on development of agriculture, farmers, women and rural areas… This budget is about the dreams of the people,” he said.

“By 2018, every village will have electrification, rural economy will get boost, common man’s life will change,” Modi said, adding, “For us primary education is very important. A qualitative transformation of the education sector is our focus.”

He said the government has taken many initiatives in the health sector. “We want to stand shoulder to shoulder with people in times of illness,” he said.

Vikas Ka Budget Explained By Prime Minister Narendra Modi

He said the budget will help strengthen the housing sector and boost the government’s dream of ‘Housing for All’.

Modi said the Budget has a clear goal to electrify every village of India by 2018 and aspires to connect every village of India with roads by 2019.

#VikasKaBudget: Modi explains what budget means to you

#VikasKaBudget for the Farmer

farmer1

Soon after the budget was announced, PM Modi re-tweeted Jayant Sinha’s (MoS Finance) graphic cards explaining how the budget will impact people in different strata of the society.

The farmer: He gets full insurance cover for his crops at nominal premiums.

* Unified Agricultural Marketing ePlatform assists him to sell his produce easily.

#VikasKaBudget for the Labourer

labourer

*Pradhan Mantri Kaushal Vikas Yojana provides him skills to move up the ladder in his work * Accelerated spending on Infrastructure ensures he gets sustained employment. “This Budget is pro-village, pro-poor, pro-farmer. The main focus is to bringing about qualitative change in the country,” Modi said.

#VikasKaBudget for the Student

student

She gets access to world class universities in India. She gets her scholarship easily through the social security platform for targeted delivery. Noting that electricity and roads are crucial for villages, the Prime Minister said by 2019, all villages of the country will be connected by roads, while all of them will be electrified by 2018.

 




 

#VikasKaBudget for the Housewife

housewife

Price stabilisation fund for pulses will help her save more. Deepa becomes digitally literate by enrolling in the Digital Literacy Mission Talking about housing, Modi said every poor man dreams of owning a house and efforts will be made to strengthen this sector to ensure that the poor people realise their dreams.

#VikasKaBudget for the Entrepreneur

entrepreneur

Mudra Yojana provides him the much needed capital to pursue his entrepreneurial dreams. * Companies Act amendment provides improved enabling environment for start-ups. The 2016 budget has provisions for realising the dreams of the common man, the Prime Minister said

#VikasKaBudget for the Investor

investor

His investment in unlisted companies now becomes eligible for long term capital gains in 2 years. Gets an enabling environment because of strong and well capitalised banking sector. PM Modi then spoke about creation of employment opportunities, including Dalit entrepreneurship, by providing appropriate eco-system.

 




 

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