"Budget is well-balanced between welfare and wealth creation": Dharmendra Pradhan

New Delhi [India], February 1 : Union Minister Dharmendra Pradhan on Thursday said that the interim budget 2024-25 will prove to be a stepping stone towards a 'Viksit Bharat.
Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-25 in Parliament today.
"This budget will prove to be a stepping stone towards a 'Viksit Bharat'. The biggest announcement of this budget is the 'Jai Anusandhan' scheme for which Rs 1 lakh crore has been announced as a corpus fund in today's budget. Whichever private entity would opt for a loan; they will get an interest-free loan for 50 years. This will directly benefit India's new generation. National Education Policy has been implemented. Innovation has taken the form of a revolution," Pradhan said.
"New IITs and IIMs have been discussed. Skilling and up-skilling of 1.4 crore youth of the country will be done as part of Skill India. Three new railway corridors have been talked about. This simply means more employment of skilled manpower and the lifestyle of people will improve. To sum up, this budget is well-balanced between welfare and wealth creation," he added.
Union Minister Sarbananda Sonowal said that today there is development at every level...Through this budget, it has become clear that India will become a strong developed country by 2047.
BJP MP Ravi Shankar Prasad said that the budget mentions the achievements of the past and a strong path towards the future.
"This is a very effective and historical interim budget. We will present the full budget in July. The number of taxpayers has increased. They have faith in the government that their money will not be misused. India has traversed a path from 'Fragile 5' to the world's 'Top 5' economies in just 10 years," he said.
Jyotiraditya Scindia, the Union Aviation Minister, highlighted India's remarkable transformation under Prime Minister Modi's leadership over the past decade.
"This budget thoroughly examines the historic transformation and progress India has undergone in the past decade under Prime Minister Modi's leadership, Jyotiraditya Scindia said.
Union Road Transport and Highways Minister Nitin Gadkari said that the 2024 interim budget will strengthen the country's financial position, increase exports, develop manufacturing business and create new employment thus promoting the resolution taken by Prime Minister Narendra Modi to make India the third largest economy in his third term.
Assam CM Himanta Biswa Sarma said that the Budget for 2024-2025 sits on the pedestal of outstanding governance over the last 10 years.
"As a citizen, I take immense pride in the leadership of Prime Minster Modi ji which has delivered historic accomplishments, transcending the cumulative achievements of the past. Action speaks louder than words - the developmental data presented in today's budget reflects the nationwide consensus that people will elect Prime Minster for a record third time," he said.
"The target to support 3 crore Lakhpati Didis is nothing but revolutionary - which will transform the country's rural landscape like never before. Prime Minister's clarion call of Jai Anusandhan takes a firm shape in the form of a Rs 1 lakh crore corpus for research and innovation. This shall expand our frontiers of Techade," he added.
CM Himanta further added that by not imposing any additional taxes the Modi Government has once again demonstrated that tax payer welfare remains its topmost priority.
"In a nutshell, this Interim Budget serves the twin aim of firmly establishing Bharat as the world's fastest-growing economy for a sustained period of time and lays a strong foundation for PM to lead the nation's journey to becoming the third largest economy by 2029," the Assam CM said.