India News | Budget Focuses on Poor, Middle Class, Youth: PM Modi

Get latest articles and stories on India at LatestLY. Prime Minister Narendra Modi on Wednesday said that the Union Budget 2022-12 focuses on the poor, middle class and youth and aims to provide them with basic necessities.

Prime Minister Narendra Modi (photo/ANI)

New Delhi [India], February 2 (ANI): Prime Minister Narendra Modi on Wednesday said that the Union Budget 2022-12 focuses on the poor, middle class and youth and aims to provide them with basic necessities.

While addressing a programme on Aatmanirbhar Arthvyavastha, the Prime Minister said, "This Budget focuses on the poor, middle class and youth and aims to provide them basic necessities. Our Government is working on the saturation of basic facilities."

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He further said that this budget has several steps to take India on the road towards modernization.

"In the last 7 years, the decisions taken are continuously enlarging the Indian economy. 7-8 years ago, India's GDP was Rs 1.10 lakh crore. Today, our GDP is nearly Rs 2.3 lakh crore," said PM Modi.

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The Prime Minister said that in 2013-14, India's exports stood at Rs 2.85 lakh crore and today, it has achieved Rs 4.7 lakh crore.

"With efforts from our govt, nearly 9 crore rural households have already been installed. Out of this, over 5 crore connections have been installed under the Jal Jeevan Mission in the last 2 years," said the Prime Minister.

He said that in this year's budget, there's provision for 80 lakh pucca houses for the poor. For the same, Rs 48,000 crore has been allotted. This will help them overcome poverty and take them forward, he added.

"People, globally, want to see an empowered and strong India. It is imperative for us that we take our country forward at a rapid pace and strengthen it across several sectors," he added.

He said that this is to fulfil new aspirations and it is important that India becomes self-reliant and on that pillar, a modern India is created.

Union Finance Minister Nirmala Sitharaman tabled Union Budget 2022-23 on Tuesday. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)

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