IEP Chandigarh/New Delhi, February 1
Asserting that the Union Budget 2023 will act as a “turbo engine” to propel and excel India’s as fastest growing economy, BJP National Spokesperson Jaiveer Shergill has termed the Budget as “Bumper Bonanza Budget” for youth, tax payers, MSME, women, farming community, LIGs beside many other sectors. In his Budget reaction, Shergill said, “The Budget is path-breaking and will provide wings to India’s growth story by focusing on investment, increased expenditure, employment and ease of doing business.”
Further terming the Budget as visionary, development-oriented and beneficial for all the sectors, the BJP Spokesperson said that Budget 2023 has taken care of everyone. Highlighting some key announcements in the Budget, Shergill said, “This Union Budget has the highest budget allocation for Railways, for Middle Class – tax slabs have been revised and a new small savings scheme with 7.5% interest rate ‘Mahila Samman Bachat Patra’ for women has been announced.”
The BJP Leader said that an agri-focused accelerator fund to encourage startups has been launched for farmers. “Start-up in agriculture for farmers, agriculture fund and digital training to farmers will revolutionize agriculture in the country”, he emphasized. Shergill added that the FM’s announcement of increasing agricultural credit target to Rs 20 trillion with a focus on animal husbandry, dairy and fisheries besides Centre to encourage 10 million farmers to take up natural farming is a very big announcement aimed at the welfare of the agri sector.
Further applauding the Union Budget 2023, Shergill said that FM’s speech making an announcement of a Digital Public Infrastructure for Agriculture to be built as an open source, open standard, interoperable public good will go a long way in the progress of the farm sector. “As Finance Minister Nirmala Sitharaman rightly said, this will enable inclusive farmer-centric solutions and help improve access to farm inputs, market intel and support for the agriculture industry, and startups”, he added.
Complimenting Sitharaman for her public welfare announcements, Shergill said, “Allocation for PM Awas Yojana Raised by 66 per cent to provide houses to poor will immensely benefit the underprivileged. Also, the government has announced to launch ‘PM Kaushal Vikaas Yoajna’ 4.0 to skill the Indian youth in new-age courses for Industry 4.0 in the next three years.”
Shergill said that increasing CAPEX by 33 per cent and enhancing Credit Scheme, Refund to MSMEs besides reducing as many as 39000 compliances for industry/Simple KYC are also a welcome step. “This Union Budget 2023 is nothing short of “Kamaal” budget by “Kamal Ki Sarkar”, Shergill concluded.
