The government works for all classes to take India to the top: Sitharaman


On Saturday, Finance Minister Nirmala Sitharaman described the budget as encouraging investment, demand and economic growth, saying the reform measures taken by her government would pave the way for India to become the world’s top economy.

On Saturday, Finance Minister Nirmala Sitharaman described the budget as encouraging investment, demand and economic growth, saying the reform measures taken by her government would pave the way for India to become the world’s top economy. He vehemently rejected the allegations of the opposition to ally with the capitalists and referred to all the projects of the NDA government for the welfare of the villagers, the poor and the common people and for the continuous increase of the budget for them.

Noting the importance of the role of both public and private sectors in the progress of the country, the Finance Minister said that his government believes in respecting those who create resources, because without resources the government cannot get adequate resources. Prime Minister Narendra Modi was also present during Sitharaman’s reply. In the last part of his speech, he took the name of former Congress president and MP Rahul Gandhi and sharply criticized the tendency to disarm the people and institutions in constitutional positions.

Citharman slammed the opposition for calling the budget the budget of the bourgeoisie, saying that this government was working for every class and that it was baseless to accuse Crony’s capitalism. He said that an opponent has become accustomed to making up false stories. He referred to all other programs including the Prime Minister’s Poor Welfare Scheme, Mudra Yojana, Saubhagya Yojana to support small and medium enterprises and said that their benefits do not go into the pockets of any capitalist.

Responding to a discussion on the budget in the Lok Sabha, the Finance Minister said, “The budget will accelerate the country’s self-reliance and the steps taken towards reform will pave the way for India’s top economy in the world.”

Sitharman said the government was providing facilities for the poor, from roads to agriculture, from housing to electricity, yet the opposition was creating a false story that the government was working for the capitalists by forming alliances.

On Thursday, former Congress president Rahul Gandhi, while participating in the general budget discussion in the Lok Sabha, complained that it was a government of ‘Hum Do, Humre Do’. Senior Congress leader P Chidambaram also termed the general budget in the Rajya Sabha as “disappointing” and said that the budget was “for the rich, the rich and the wealthy” from one per cent of the country’s population. Control is 3 percent of the country’s resources.

The Finance Minister said, “1.6767 crore houses have been constructed under the Prime Minister’s Housing Scheme under the Saubhagya project, electricity has been supplied to 2.7767 households since October 2017. Under the Prime Minister’s Kisan Samman Nidhi, more than nine crore farmers have Rs. “Isn’t everything for the poor?”

“Under the Prime Minister’s Village Sadak Yojana 2014-11, 2,11,192 km of roads have been constructed, connecting these villages,” he said. “Are those villages rich people?” He said that those who complain without thinking should answer this question. “

The finance minister said a transaction of Tk 8 lakh crore has been made through the government e-marketplace. Small and medium industries have benefited from this. Didn’t the big capitalists take advantage of this?


He said that electricity in rural areas, money in the accounts of street farmers is something that the government has done like ‘son-in-law’? Of course not. Only the poor are benefiting. In fact, the finance minister indirectly referred to Robert Badra, son-in-law of Congress President Sonia Gandhi, as son-in-law. Badra has been accused of making illegal profits during the UPA regime. The Congress party and Bhadra have denied such allegations in the past.

On the opposition’s allegations of slashing the defense budget, the finance minister said it did not depend on the government saying it had slashed the defense budget. He said that this year’s budget has provided more capital expenditure to the defense sector than the budget estimates for the current financial year and this increase has been made in both capital and revenue items.

The finance minister said a provision was made in the last budget to meet the arrears of the One Rank One Pension scheme, which is not required now. Regarding the Opposition’s allegation of such a reduction under the Prime Minister’s Honors Fund, he said, “The allocation under the Prime Minister’s Kisan Honors Fund for FY 2021-22 has been reduced by Rs 10,000 crore due to non-provision of list of small and marginal farmers from West Bengal.”


“Our government has increased the use of funds allocated under MNREGA,” he said. Sitharman said the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) has spent a maximum of Rs 90,500 crore this year to address all the shortcomings. “Your track record is bad in this case. Your budget estimate has never been achieved,” he told Congress.

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Sitharaman said that if necessary, the government would allocate more money for MNREGA in 2021-22, in addition to the budget estimate of Rs 733,000 crore. On February 1, the finance minister presented the 2021-22 budget, which provides for an expenditure of Rs 34.5 lakh crore. Due to the crisis of Covid-19, 201 financial-1. The revenue deficit in the financial year was 9 decimals. Percent. Sitharman thanked the 77 members of the various parties who took part in the budget discussion.

(This news is not edited by NDTV team. It is published directly from Syndicate feed))


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