Progressive, practical, pragmatic and prudent, is how Prime Minister Narendra Modi termed Arun Jaitley’s Budget 2015-16.

“Budget 2015 has a distinct focus on farmers, youth, poor, neo-middle class and the Aam Nagrik. It delivers on growth, equity and job creation,” said Modi.

Investor-friendly

He added it is also investment-friendly and removes all doubts on tax issues. “It assures investors that we have a stable, predictable and fair tax system. From housing for all, jobs, health, education and total electrification, Finance Minister Arun Jaitely laid down the goals to be achieved by 2022, India’s Amrut Mahotsav,” Modi said.

The Prime Minister also congratulated Jaitley for respecting the aspirations of the States while delivering on national priorities.

“Budget indicates our commitment to ensure that development of Eastern and North-Eastern parts of India gets an impetus and drives future growth,” Modi said.

Tackling back black money

On the issue of black money, Modi said that the law being introduced demonstrates the commitment of the Government to bring back the black money stashed abroad.  

Modi said the social security schemes such as Suraksha Bima Yojana, Atal Pension Yojana, Jeevan Jyoti Bima Yojana and Vidya Lakshmi Karyakaram indicates a shift to public welfare (Jan Kalyan).

“Atal Innovation Mission and SETU (Self- Employment and Talent Utilisation) underline our commitment to enable innovation, entrepreneurship and start-ups to grow and shine in India. The 2015 Budget will further reignite our growth engine, signalling the dawn of a prosperous future,” the Prime Minister said.

 

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