Prime Minister Narendra Modi calls budget visionary

Prime Minister Narendra Modi on Saturday hailed the Budget presented by Finance Minister Nirmala Sitharaman, calling it visionary.

“I congratulate Finance Minister Nirmala Sitharaman and her team for presenting the first Budget of the decade that has vision as well as action,” PM Modi said.

Praising the finance minister for her progressive proposals for the agriculture sector, focusing on both traditional and new methods, the Prime Minister said it would generate employment in the sector and open opportunities for the youth in the fields of fish processing and marketing.

The Prime Minister has also welcomed the announcement to slash the dividend distribution tax and tax benefits for start-ups and the real estate sector.

“The reforms announced in the Budget will give momentum to the economy, economically empower the citizens of the country and lay a solid foundation for the economy in this decade. This year’s Budget will help in employment generation by focusing on four core areas – agriculture, infrastructure, textile and technology,” the PM further said.