Tag: budget highlights 2024

Finance Minister Nirmala Sitharaman's announcement while presenting the grant; I will also tell you what lessons have been learned New Delhi:- Finance Minister Nirmala Sitharaman Before the Lok Sabha elections, the budget was presented. While presenting it, he tried to give an account of the work of the Modi government in the last 10 years. It was compared to the 10-year tenure of the UPA government in many respects. Nirmala Sitharaman announced that she will present a white paper on how the economy was mismanaged during the tenure of the UPA government.Sources said that this white paper is likely to be tabled next week. The NDA government led by Prime Minister Narendra Modi came to power in 2014. Finance Minister Sitharaman said that he will issue a white paper to explain what happened in the previous 10 years and what lessons should be learned from it.It was the need of the hour to give people hope, attract investment and build support for much-needed reforms. Believing in the principle of 'Country First', the government successfully carried out this task. Sitharaman said that by overcoming the challenges facing the government, the economy has been put on the path of sustainable growth to achieve all round development. Budget Disappointing: Opposition Criticizes The opposition expressed dismay at the budget proposed by Finance Minister Nirmala Sitharaman. The main opposition Congress criticized the government's attempt to portray its failure as a success. Congress leader Shashi Tharoor described the budget as 'small' and 'disappointing'. He said, the government has the skill to show its failure as a success. The budget speech was very short and disappointing.Many issues are not touched upon in it. You can't talk about youth empowerment when 45 percent of the country's youth are unemployed. Sitharaman mentioned about Foreign Direct Investment (FDI). However, she forgot to mention that FDI during the UPA regime has come down from 3.6 percent to 1 percent of the current GDP.Congress MP Manish Tiwari said, the government has only indulged itself. There is a loss of Rs.18 lakh crore in the current financial year. It will increase further in the year. It is clear from this that the government is running the expenditure by borrowing. SP leader Akhilesh Yadav said, • If the budget is not for the development of the people, it is useless. Akali Dal leader Harsimrat Kaur Badal said that this budget is far from reality.