PM Address
Budget to set roadmap for next 5 years, 2047 developed econ aim, says Modi
This story was originally published at 12:05 IST on 22 July 2024
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--PM Modi: Monsoon session to set foundation for people's aspirations
--CONTEXT: PM Modi addresses media ahead of Monsoon Session
--PM Modi: FY25 Budget to be on tenets of promises I made to people
--PM Modi: FY25 Budget to set roadmap for next 5 yrs
--PM Modi: FY25 Budget to set roadmap for 2047 Viksit Bharat aim
--PM Modi: India currently at the peak of investment opportunities
--PM Modi: Urge all parties to work together next 5 yrs to build nation
--PM Modi: To work for women, farmers, youth, poor for next 5 yrs
NEW DELHI - The Union Budget for 2024-25 (Apr-Mar), which will be presented on Tuesday, will lay out the roadmap for the next five years for the country and will also set the path to reach the goal of making India a developed economy by 2047, Prime Minister Narenda Modi said today.
"This session (of Parliament) will set foundation for people's aspirations," Modi said while addressing media ahead of the Monsoon Session of Parliament, which begins today. "The Budget will be based on tenets of promises I have made to the people of India," he said.
Modi said the government will work for women, farmers, youth, and the poor of the country for the next five years.
India is currently at the peak of investment opportunities, he said. The prime minister urged all political parties to work together for the next five years to build the nation. "It is a matter of pride for us that India is the fastest growing major economy in the world. We are growing at 8%," Modi said.
Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday, where the government is expected to continue its focus on fiscal consolidation while announcing measures to boost consumption demand in the economy. She will table the Economic Survey for 2023-24 in Parliament today. End
Reported by Shubham Rana
Edited by Vandana Hingorani
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