PM Modi Hails Union Budget 2025 as a Major Relief for the Middle Class
Prime Minister Narendra Modi on Saturday praised the Union Budget 2025, emphasizing that it not only addresses India’s current needs but also lays a strong foundation for future growth.
He highlighted the Budget’s benefits for the middle class, farmers, and entrepreneurs, calling it a crucial step toward economic progress.
“In this Budget, income up to ₹12 lakh per annum has been made tax-free. Tax reductions across all income groups will provide immense relief to the middle class. It will also create great opportunities for young professionals who have recently entered the workforce,” PM Modi said.
Support for Farmers and Rural Development
PM Modi underlined the Budget’s provisions for farmers, stating that the ‘PM Dhan Dhanya Krishi Yojana’ will revolutionize the agriculture sector and strengthen the rural economy.
“Irrigation and infrastructure development will take place in 100 districts under this scheme. Additionally, the Kisan Credit Card limit has been raised to ₹5 lakh, ensuring more financial support for farmers,” he noted.
Boosting Manufacturing and Job Creation
Focusing on manufacturing and employment generation, PM Modi highlighted the Budget’s 360-degree approach to supporting entrepreneurs, MSMEs, and small businesses.
“From the National Manufacturing Mission to industries like CleanTech, leather, footwear, and the toy industry, multiple sectors have received special support. Our goal is for Indian products to shine in the global market,” he stated.
Encouraging Investment and Credit Growth
PM Modi emphasized the Budget’s role in promoting investments across states, saying, “A vibrant and competitive investment environment will emerge across states due to special provisions in this Budget. Additionally, the credit guarantee for MSMEs has been doubled.”
He also highlighted the ₹2 crore loan initiative for Scheduled Tribes (ST), Scheduled Castes (SC), and women entrepreneurs, along with major reforms for gig workers.
“For the first time, gig workers will be registered on the e-Shram portal, allowing them to access health and social security benefits. This reflects our government’s commitment to the dignity of labour and the ‘Shramev Jayate’ mantra,” he said.
Driving Innovation and Technological Growth
The Prime Minister outlined initiatives aimed at fostering innovation and technology-driven growth, stating, “To support startups, we have introduced the Deep Tech Fund, Geospatial Mission, and Nuclear Energy Mission. These steps will shape the future of India’s economy.”
A Historic People’s Budget
Concluding his remarks, PM Modi called the Union Budget 2025 a “historic people’s budget” and expressed gratitude to Finance Minister Nirmala Sitharaman for presenting a transformative financial plan.
“This Budget is a force multiplier for India’s growth, and I congratulate every citizen for being part of this transformative journey,” he said.
