Finance Minister Nirmala Sitharaman clarifies misleading claims by opposition leaders regarding budgetary allocations
Key Highlights from the Union Budget Discussion
No State Has Been Denied Money in FY25 Budget: Sitharaman
Sitharaman assures that every state has budgetary allocations in the current fiscal year
Sitharaman emphasizes the decline in West Bengal’s industrial production share over the years
Prime Minister Narendra Modi’s Reaction
PM Modi praises Sitharaman for presenting a comprehensive budget and emphasizes government commitment to growth and reforms
Sitharaman refutes allegations of reduced allocations in key sectors, highlighting the increase in budget allocations compared to the previous year
She contrasts inflation management under UPA and NDA governments, showcasing the improvement in inflation rates under the NDA rule
In a fiery response to opposition claims, Finance Minister Nirmala Sitharaman debunked theories of budgetary discrimination against certain states. Addressing concerns raised during the Union Budget discussion, Sitharaman reassured that every state has been allocated funds, dispelling the misconception that omitted states miss out on budgetary provisions.
Furthermore, the Minister engaged in a heated exchange with TMC leader Saugata Roy, challenging accusations of lacking innovative ideas. Sitharaman defended the budget’s balance between social welfare and fiscal responsibility while stressing the government’s transparency and commitment to financial prudence.
The Prime Minister lauded Sitharaman’s budget presentation, highlighting India’s economic resilience post-pandemic and the government’s focus on growth and reforms. Sitharaman’s detailed response showcased the government’s efforts to enhance sector-specific allocations and manage inflation effectively, illustrating a holistic approach to fiscal governance.\
Source link