New Delhi (NVI): Prime Minister Narendra Modi today said the Budget 2020 has “vision as well as action” and expressed confidence that it will push growth and bring new vigour in the financial system and credit flow.
He said the reforms proposed would lead to increase in income and investment and rise in demand and consumption.
Commenting on the Budget, the Prime Minister said a lot of emphasis has been given to agriculture, infrastructure, textiles and technology, in order to increase employment in these areas.
“With our efforts to double farm income, 16 action points have been created, which would work to increase employment in rural areas,” he said.
Under the Blue Economy, youth will also get new opportunities in the field of fish processing and marketing, he added.
“Investment is the biggest driver for employment. Steps have been taken to strengthen the bond market and finance for infrastructure. The removal of DDT will hand companies Rs 25,000 crore that will be further invested by them,” PM added.
He also highlighted that the government is aiming to build 100 airports which will embolden the will of a general Indian. This infrastructure is very important for Indian tourism also, he said.
Notably, this was the longest ever Budget speech, with Finance Minister Nirmala Sitharaman breaking her own record, although she had to cut short her speech as she was not feeling well.
Last year, her speech lasted two hours, 17 minutes. This year, she stopped for breath at two hours and 41 minutes.
