Union Finance Minister on Tuesday responded to Budget 2024-25 debate in Lok Sabha and said that India is the fastest growing economy, adding that the country has overcome after-effects of pandemic due to capex push.
The Finance Minister also took a swipe at Opposition parties for alleging that Opposition parties were not named in the Budget speech.
“I would like to thank every member of the House who has spoken and taken interest in the Budget which has been presented here. I would like to thank the people of the country for giving this govt headed by PM Modi, a historic third consecutive term in office. It reaffirms the faith the people have and the commitment with which the Prime Minister is leading the country and therefore building stability and coming up with people-centric policies. We shall all work together to build a Viksit Bharat by 2047,” said Nirmala Stharaman.
Here’s what Nirmala Sitharaman said
— India is the fastest growing economy; has overcome after-effects of pandemic due to capex push: Finance Minister Nirmala Sitharaman.
— FY25 Budget has not given lesser allocation to any sector compared to last year: Sitharaman in reply to Budget discussion in Lok Sabha.
— We are complying with fiscal deficit trajectory; will bring it down to below 4.5 per cent by 2025-26.
— We have provided substantial financial support of ₹17,000 crore in the Union Budget of UT Jammu and Kashmir this year. It includes ₹12,000 crore towards financing the cost of Jammu and Kashmir Police.
— Agriculture had 0.30 lakh crore in 2013-14, whereas now it has 1.52 lakh crore. It is 8,000 crores more than last year, which is 2023-24. Education and employment had 0.85 lakh crore allotted in 2013-14, whereas today it is 1.48 lakh crore, 23% more allocation.
