Published 14:36 IST, July 23rd 2024
Budget strengthening every section of society: PM Modi
As many as 25 crore people have been taken out of the poverty line in the last ten years, said PM Modi.
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PM Modi on Budget: Asserting that facilitating internships for one crore youth was a step towards making them job-ready, Prime Minister Narendra Modi on Tuesday said that the announcements made in the Union Budget 2024-25, will give a new boost to education and skill development.
“The Budget will also increase women’s inclusivity in day-to-day life. MSMEs and small traders will get a big boost for their growth which has been announced in the Budget,” said PM Modi. “The youth can now do internships in top companies and will be placed with these reputed firms,” PM Modi added.
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As many as 25 crore people have been taken out of the poverty line in the last ten years, said PM Modi. He said the Budget was a step towards empowering the marginalised sections of society and the youth. The PM said enhancement in the Mudra loan was a testimony that the government allowed the industry to boom.
He said the government was in the process of providing a further impetus to the startup ecosystem for which the angel tax has been done away with. The PM said defence exports were at an all-time high while indigenous defence production had increased many-fold in the last one decade.
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“We are on our way to making India a global manufacturing hub,” added the PM. He hailed the incentive-linked employee scheme, while also assuring that the Budget was a step towards fulfilling the objective of “Viksit Bharat”.
(Source: Republicbiz)
14:36 IST, July 23rd 2024