Pm Modi On Budget 2019: “Neo-Middle Class Is Rising”

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Narendra Modi

The Prime Minister Narendra Modi on Budget 2019 said over 12 crore farmers and their families, over 3 crore salaried professionals and their families will gain due to the measures.

Prime Minister Narendra Modi today said nearly 15 crore people and their families will benefit from the government’s relief schemes for the farmers and the middle class in the interim budget, which comes months before the national elections due by May.

I congratulate the middle class for the relief in taxes… I salute the middle class for their stellar contribution towards the development of the nation,” the Prime Minister said.

While people under the lowest income bracket – upto 5 lakh — have been given full tax exemption, to placate angry farmers, the government has introduced a cash transfer scheme for small and marginal farmers.

The Prime Minister said over 12 crore farmers and their families, over 3 crore salaried professionals and their families will gain due to the measures. “It is good to see more people being removed from the shackles of poverty. Our Neo-middle class is rising and so are their dreams,” he added.

The scheme for farmers, named after the Prime Minister, has been roundly criticised by the Congress.

Party chief Rahul Gandhi has said giving farmers “Rs. 17 a day is an insult to everything they stand and work for“.

His party leader and former finance minister P Chidambaram said the government was planning to “buy votes” with the scheme, which has been made active with retrospective effect. Former Prime Minister Manmohan Singh said the concession to farmers, concessions to the middle class will have “implications in the elections

 Piyush Goyal
Piyush Goyal

Union Minister Piyush Goyal has hit out, saying, “Many times, people from big khandaans (families) don’t understand the condition of small farmers from their air conditioned rooms“.

The Prime Minister underscored that the measure was meant for the benefit of the small farmers, who were mostly overlooked by bigger government schemes.

For years, many initiatives have been initiated for farmers but sadly, a lot of farmers never came under the ambit of these schemes. The PM Kisan Nidhi will help those farmers who have less than 5 acres of land. This scheme is a historic step for farmer welfare,” PM Modi said.

Budget Empowers All Sections Of Society: PM Modi

In his remarks after the Interim Budget was presented in Parliament, PM Modi said it empowers people and referred to a host of budgetary announcements and schemes to drive home his point.

Prime Minister Narendra Modi on Friday said the Interim Budget touches all sections of the society and includes everyone, asserting that it is a merely a “trailer” of what will guide India towards prosperity after the Lok Sabha polls.

In his remarks after the Interim Budget was presented in Parliament, PM Modi said it empowers people and referred to a host of budgetary announcements and schemes to drive home his point.

More than 12 crore farmers, three crore middle-class families and 30-40 crore workers employed in unorganised sector will benefit from the budget, he said, adding that poverty has been falling at a record rate due to the efforts of his government.

This budget will boost the efforts of 130 crore citizens in realising the goal of a new India, PM Modi said.

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