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India Union Budget 2018: Budget development-friendly, will strengthen 'new India' vision, says PM Modi

Congratulating Finance Minister Arun Jaitley and his team, Modi said farmers, Dalits and tribal communities will gain from the budget.

Reported by: PTI, New Delhi [ Published on: February 01, 2018 14:35 IST ]
India Union Budget 2018: Budget development-friendly, will
India Union Budget 2018: Budget development-friendly, will strengthen 'new India' vision, says PM Modi

Prime Minister Narendra Modi today termed the Union Budget for 2018-19 "development-friendly" and said it will strengthen the vision of a 'new India'. 

Congratulating Finance Minister Arun Jaitley and his team, Modi said farmers, Dalits and tribal communities will gain from the budget. 

The budget, he emphasised, will create new opportunities for rural India. 

This is the government's last full budget before the general elections. 

Also Read: Highlights of Union Budget 2018

Discussing various schemes of his government, including the construction of toilets and initiatives in the areas of housing, power and health, the prime minister emphasised that the budget devotes attention to all sectors, ranging from agriculture to infrastructure. 

The budget is "farmer friendly, common citizen friendly, business environment friendly" and will add to 'ease of living' and 'ease of doing business', Modi added. 

The government will soon announce concrete steps to address non-performing assets (NPA) and 'stress account' issues for the micro, small and medium enterprises (MSME) sector, he said.

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