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.
Minister Ashwini Vaishnaw Spotlights 4 Key Challenges Before Media Human Rights Body Seeks Report Within A Week As UP Fire Kills 10 Infants NMC Extends Deadline For Submission Of Annual Declaration Report For PG Medical Colleges "We Ran Out Of Missiles": US Fighter Pilots Recall Iran's Attack On Israel 10-Crore Lawsuit Over 3-Second Clip? What's Behind Nayanthara-Dhanush Spat US To India In 30 Minutes? Elon Musk Discusses Future Of Ultra-Fast Travel Family Claims Dead Man's Eye Taken Out In Bihar Hospital, Doctors Blame Rats Video: Man Finds Insects In Sambhar On Vande Bharat Train, Railways Reacts GAIL Hiring For 261 Positions, Salary Up To Rs 1.80 Lakh/Month Track Latest News Live on NDTV.com and get news updates from India and around the world.