Prime Minister Narendra Modi, while presenting his government's stand a day before the presentation of the general budget in Parliament, indicated on Friday that this time new initiatives can be announced for the poor and middle class as well as women. On the first day of the budget session of Parliament, Modi started his traditional address to the media by paying obeisance to Goddess Lakshmi, associated with wealth and prosperity. He said that given the upcoming general budget, every poor and middle class of the country should have the special blessings of Goddess Lakshmi.
This statement of PM Modi is being linked to tax relief for the middle class. For the last several days, it has been expected that the government can make changes in the tax slab or standard deduction this time. Apart from this, emphasizing the importance of ensuring equal rights for women free from religious and communal differences, he said that important decisions will be taken in the direction of this goal during the budget session. He emphasized the importance of establishing the dignity of women, who have been at the center of the welfare measures of the ruling BJP.
Talking about 3E's
Describing innovation, inclusion, and investment as the basis of the roadmap of the country's economic activity, PM Modi said that as always, many historic bills will be discussed in this session and with extensive brainstorming, they will become laws that will increase the strength of the nation. He said, "Especially to re-establish the pride of Nari Shakti, to ensure that every woman gets a respectable life free from the differences of caste and creed, and she also gets equal rights, many important decisions will be taken in this session in that direction."
President's address
President Draupadi Murmu also underlined the focus of the Central Government on the poor and the middle class in her address to the joint session of Parliament. She said, "Today, the nation is witnessing major decisions and policies being implemented at an extraordinary pace, giving top priority to the poor, middle class, youth, women and farmers."
Nirmala Sitharaman's 8th budget
This will be the 8th budget of Finance Minister Nirmala Sitharaman. Before this, she has presented 7 budgets. These 7 also include an interim budget which she presented before the 2024 elections. The budget is the account book of a government. In this, the government tells how much it spent last year and how much it earned from where. Apart from this, funds are allocated for various works in the budget. Many of these works generate revenue for the government while some works are done for social welfare. Since 2017, the budget has been presented in India on 1 February.
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