Budget has vision as well as action: Narendra Modi
New Delhi/IBNS: Lauding Union Finance Minister Nirmala Sitharaman, Prime Minister Narendra Modi on Saturday said the first budget presented by the Centre in the new decade has vision as well as action.
Addressing the nation, Modi said: "I want to congratulate Finance Minister Nirmala Sitharaman and her team for presenting the first Budget of the decade that has vision as well as action."
He said: "Several tax concessions have been given to attract foreign investment."
He said the decisions proposed by the government in its budget will boost the economy.
LIVE: PM Shri @narendramodi's remarks on Budget 2020-21. #JanJanKaBudget https://t.co/ioXE232pJd
— BJP (@BJP4India) February 1, 2020
"Tax benefits have also been provided for start-ups and real estate sector. All these decisions will boost the economy faster and will provide new employment opportunities," he said.
"Investment is the biggest driver for employment. Steps have been taken to strengthen the bond market and finance for infrastructure.
The removal of DDT will hand companies Rs 25,000 crore that will be further invested by them," he said.
Speaking on the proposal of building airports, he said: " The target to build 100 airports in India will embolden the will of a general Indian."
Nirmala SItharaman presented the Union Budget on Saturday.
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