Porni Banerjee | ২৩ জুলাই ২০২৪ ১৬ : ১৩Porni Banerjee

Hours after Finance Minister Nirmala Sitharaman presented the seventh consecutive budget on Tuesday, Prime Minister Narendra Modi said that the Union Budget 2024 is aimed at empowering the neo-middle class, the poor, the villages, and the farmers.

Appreciating the budget, PM Modi also said that the latest budget will also unlock unlimited opportunities for the youth.

“In the last 10 years, 25 crore people have come out of poverty. This budget is for the empowerment of the new middle class. The youth will get unlimited opportunities from this budget,” PM Modi said.

“Education and skill will get a new scale from this budget, and it will give power to the new middle class. This budget will help women, small businesses, and MSMEs,” the Prime Minister added.

The BJP supremo has also highlighted on the reduction of tax and TDS rules and said, “a decision has also been taken on the reduction of tax and TDS rules are also simplified...We are speeding development in the eastern region by the way of construction of highways and water and power projects.”

PM Modi also said that the Centre will give the first salary to those who are newly entering the workforce under the ‘Employment Linked Incentive Scheme’.

“Under this scheme, the government will give the first salary to those who are newly entering the workforce. Youth from villages will be able to work in the country’s top companies under the apprenticeship program,” the Prime Minister said.

This was the first budget after Prime Minister Narendra Modi came back to power in the third term. The budget announced a slash in prices of gold, silver and platinum, leather goods, copper goods, smartphones and its chargers. Besides, prices have also been reduced for fishery items, solar panel sets, cancer medicines, apparels and X-ray machines.