December 25, 2025 06:11 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Tarique Rahman returns to Bangladesh after 17 years | Shocking killing inside AMU campus: teacher shot dead during evening walk | Horror on Karnataka highway: sleeper bus bursts into flames after truck crash, 9 killed | PM Modi attends Christmas service at Delhi church, sends message of love and compassion | Delhi erupts over lynching of Hindu man in Bangladesh; protest outside High Commission | Targeted killing sparks global outrage: American lawmakers condemn mob lynching of Hindu man in Bangladesh | Assam on a ‘powder keg’: Himanta Biswa Sarma flags demographic shift, Chicken’s Neck fears | Bangladesh on edge: Student leader shot as pre-poll violence deepens after Hadi killing | Historic deal sealed: India, New Zealand sign landmark Free Trade Agreement in record time | Supreme court snubs urgent plea to stop PMO’s chadar offering at Ajmer Sharif

Shriram Transport Finance lauds Jaitley's Union Budget

| | Mar 01, 2016, at 03:24 am
New Delhi, Feb 29 (IBNS): Umesh Revankar, MD, Shriram Transport Finance Company Ltd, on Monday said appreciated the Union Budget that was presented by Union Finance Minister Arun Jaitley.

“Not all budgets have to be a populist one and the Honorable Finance Minister’s job is not to make everyone happy, but to allocate the available resources to where it is utmost needed," Revankar said.

"This is exactly what Mr. Jaitley has done to build the inherent strength of the economy by giving maximum budgetary allocations to agriculture, the infrastructure sector and thereby giving much needed impetus to the rural India story,” he said.

Jaitley on Monday presented the Union Budget 2016 focusing on rural development and farm and social sector along with infrastructure with analysts terming it a pro-poor, pro-agriculture move that throws a challenge to the government to implement in reality.

Major focus of the budget is on agriculture and farmers’ welfare, with a massive mission to provide LPG connection to poor households, a new health protection scheme, increased outlay for infrastructure,  Rs. 2.87 Lakh crore Grant in Aid to Gram Panchayats and Municipalities and setting up of 1500 Multi Skill Training Institutes and incentives for jobs creation.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm