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Pm is quite satisfied with union budget, what you think?


  A Budget with 'vision and action', will give a push to the economy: PM Modi.
implementation of this  budget will charge the economic growth, financially empower every citizen and strengthen the foundation of the economy in the new decade, Prime Minister Narendra Modi on Saturday heaped praise on it for having both "vision and action".


Read What PM Modi Said About Union Budget.



five point of  union budget.

Mr. Priminister also said provision of faceless appeal, new and simple structure of direct tax, move towards unified procurement system, stress on disinvestment are some of the steps which will reduce the government out of people's lives and will enhance their "ease of living".

The new reforms announced in the Budget will work to accelerate the economy, financially empower every citizen of the country and strengthen the foundation of the economy in this decade, Modi said in his comments.

Nothing that the main areas of employment are agriculture, infrastructure, textiles and technology, he said the four have been given great emphasis in the Budget to increase employment generation.

referring to the government's efforts to double the income of the farmer, he said 16 action points have been created which will serve to increase employment in rural areas.

Integrated the approach has been adopted for the agriculture sector in the Budget, which along with traditional methods will increase value addition in horticulture, fisheries, animal husbandry, and also increase employment, he said.

According to the world Bank, the blue economy is the sustainable use of ocean resources for economic growth,  improved livelihoods, and jobs while preserving the health of the ocean ecosystem.


budger 2020

The Prime Minister said the new mission for technical textile has been announced. Man-made fiber has been reformatted into the duty structure of its raw material to be produced in India. This reform was in demand for the last three decades, he pointed out.

Referring to the Ayushman Bharat scheme, Modi said it has given a new expansion to the health sector of the country.

in this sector, there has been a lot of scope for human resources- doctors, nurses, attendants as well as medical device manufacturing. New decisions have been taken by the goverment to increase it.

The Ayushman Bharat Yojana, also known  as the Pradhan Mantri Jan Arogya Yojana is a scheme that aims to help economically vulnerable Indians who are in need of healthcare facilities.



Prime minister Modi had rolled out the scheme in September 2018.

He said in the budget, the government has made several special efforts to promote employment generation in the field of technology.

A number of policy initiatives have been taken for areas  such as new smart cities, electronic manufacturing, data center parks, biotechnology and quantum technology.


major point of budget 2020



he hoped that India will move strongly towards becoming an integral part of the global value chain.

Morden infrastructure is of great importance for modern India, he said, adding that the infrastructure sector is also a large employment generator. 

Construction of 6,500 projects from rs 100 lakh crore will increase employment opportunities in a big way. 

The National Logistics policy will also benefit trade, business, and employment.

describing investment is the biggest driver for employment, he said some historical steps have been taken in this direction.

Due to the removal of the dividend distribution tax, Rs 25000 crore will come in the hands of companies that will help them in further investments.


Various tax concessions have been given to attract outside investment into India. 'Tax benefits have also been provided for start-ups and real estate. All these decisions will accelerate the economy and this will provide new employment opportunities to the youth.

Steps like establishing a common online exam for government jobs, Kisan Rail and Krishi Udaan is going to have long-term benefits for a cross-section of citizens.

Reference: Times of India.



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