Interim Budget 2019 - Modi Assures More Sops and Benefits in Full Budget After the Elections

Interim Budget 2019: Modi assures more sops and benefits in full budget after the elections Narendra Modi said that his government has been able to address the problem of financial distress of the farmers from the roots in the Interim Budget 2019.

Interim Budget 2019: Modi assures more sops and benefits in full budget after the elections on Business Standard. Narendra Modi said that his government has been able to address the problem of financial distress of the farmers from the roots in the Interim Budget 2019.

Interim Budget 2019 » Prime Minister Narendra Modi on Saturday hailed the interim Budget 2019-20 as a “historic” step towards empowering peasants, workmen and the middle class, and promised more benefits for all sections in the full Budget if his party returned to power after the Lok Sabha polls.

In his presentation of the interim Budget in the Lok Sabha on Friday, Finance Minister Piyush Goyal had announced an income support scheme for farmers, a pension scheme for workers in the unorganised sector, and a rebate for taxpayers with a taxable income of up to Rs 5 lakh, among other measures, making a strong pitch for the re-election of the National Democratic Alliance government.

“The interim Budget was just a trailer,” the Prime Minister said at a rally in Durgapur, West Bengal. “Wait till we bring out the regular Budget, which will have much more to offer and help the country emerge as a new India. Be it taxes or reaching out to farmers, the Budget was prepared keeping in mind that everybody benefits. It truly reflects our philosophy of sabka saath, sabka vikas.”

The PM said his government had been able to address the financial distress of farmers. Instead of announcing a one-time loan waiver for farmers, he said, the government had come up with a long-term solution whereby assistance worth Rs 7.5 trillion would be given to them in the next 10 years.

Read the full story here → Highlights of Budget 2019 News Source : BS & Business Standard