The budget lays emphasis on "ease of living", JP Nadda said (File)
New Delhi: The Union Budget 2022-23 is a "garib kalyan" budget that will empower the poor and the labourers, BJP president JP Nadda said today.
Briefing the media in Delhi today, JP Nadda said, "Budget 2022-23 is a 'garib kalyan' Budget. It will empower the poor and labourers. It is dedicated to the development of infrastructure, rural and hilly areas, and the Northeast."
The Budget is in line with the government's policy of social justice and equality and will take all the sections of society along, JP Nadda further said.
Speaking about small-scale industries, the BJP National chief said, "This budget fulfills the expectation and aspirations of all sections of society including the small and big industrialists. The government has taken steps to make available an additional loan of Rs 2 lakh crore for around 130 lakh MSMEs."
JP Nadda said this budget is not an agenda of merely one year's development, but a blueprint of the country's development over the next 25 years.
The budget lays emphasis on "ease of living" which will focus on the development of farmers, infrastructure, hilly areas, northeast area, etc., he added.
"The Performance Linked Incentive (PLI) initiative under Atma Nirbhar Bharat will create around 7 lakh employment opportunities this time."
Highlighting the announcement related to PM Awas Yojana, he said around 80 lakh homes will be completed under this initiative and Rs 48,000 crores have been set aside for it.
JP Nadda further expressed his gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for a "progressive" budget.
Finance Minister Sitharaman today tabled Union Budget 2022-23 in the Lok Sabha and later in Rajya Sabha.