Union Finance Minister Nirmala Sitharaman has presented the country’s general budget in the Parliament. In the budget speech of 1 hour 40 minutes, he made announcements related to farmers, youth, women, solar energy, special package, service sector, employment, skills, loans and employed people. The Finance Minister mentioned tax the most 44 times and Micro, Small and Medium Enterprises (MSME) 23 times. The words villager, farmer and laborer were used 9-9 times and land and farming were used 13-13 times. Know how many times the Finance Minister mentioned which word in the budget speech?
Word | Mention |
tax | 44 |
MSME | 23 |
Industry | 21 |
finance | 21 |
Development | 20 |
Country/India | 19 |
employee employer | 19 |
Budget | 18 |
State | 18 |
urban city | 17 |
custom duty | 17 |
infrastructure | 16 |
Corporate | 15 |
energy | 15 |
loan | 14 |
Plan | 14 |
developed india | 14 |
PM | 14 |
Woman | 13 |
digital | 13 |
land | 13 |
Farming | 13 |
technology | 13 |
credit | 12 |
skill | 12 |
global | 12 |
Economy/Economic Department | 11 |
investment | 11 |
Bihar | 11 |
youth | 11 |
policy | 11 |
Reform | 10 |
Research and Development | 10 |
productivity | 9 |
production | 9 |
Rural | 9 |
Farmer | 9 |
worker | 9 |
mineral | 8 |
Temple | 8 |
flood | 8 |
Electricity | 8 |
North East | 7 |
export | 7 |
Solar | 7 |
Income tax | 7 |
Bank | 7 |
What did Prime Minister Modi say about the budget?
After the presentation of the budget, Prime Minister Narendra Modi addressed the nation. PM said, this budget will empower the middle class, poor, villages and farmers. Along with this, it will bring unlimited opportunities for the youth.
PM Modi said, 25 crore people have come out of poverty in the last 10 years. This budget is for the empowerment of the new middle class. He said, this budget will provide unlimited opportunities to the youth. PM Modi said, this budget will give a new dimension to education and skills and it will give strength to the new middle class. This budget will help women, small businesses and MSMEs.
PM Modi said that a big focus of this budget is the farmers of the country. After the world’s largest scheme for grain storage, we are now going to create Vegetable Production Clusters. With this, small farmers will get new markets for vegetables, fruits and other produce and will get better prices. In the last 10 years, the NDA government has ensured that the poor and middle class continue to get tax relief. In this budget too, a big decision has been taken to reduce income tax and increase standard deduction. TDS rules have also been simplified. Every taxpayer is going to get additional savings from these steps. In this budget, a new scheme has been announced to increase ease of credit for MSMEs.
What did the PM say…
– PM said, important announcements have been made in the budget to take the manufacturing and export ecosystem to every district. This budget has brought a lot of new opportunities for our startups and innovation ecosystem. In the last 10 years, about 25 crore people have come out of poverty. Taking this momentum forward, this budget will further energize the aspirations of our neo-middle class. Our young generation will get unprecedented opportunities.
– Education and skill development will achieve a new level, which will accelerate the development of our country. Also, this budget will empower the middle class like before. We have to make entrepreneurs in every city, every village, every house. For this purpose, the limit of Mudra loan without guarantee has been increased from Rs 10 lakh to Rs 20 lakh. This will boost self-employment among small businessmen, especially women, Dalit, backward and tribal families. With this budget, small traders and MSMEs will get a new path of progress.
There is a lot of focus on manufacturing and infrastructure in the budget. This will give new impetus to economic development. Education and skills will get a new scale from this budget. This is a budget that will give new strength to the middle class. It has come up with strong plans to empower the tribal society, Dalits and backward people. This budget will help in ensuring economic participation of women.
– This budget is going to give strength to every section of the society. This is a budget that will take the country’s villages, poor and farmers on the path to prosperity. In the last 10 years, 25 crore people have come out of poverty. This budget is the budget for the continuation of the empowerment of the Neo Middle Class. This is a budget that will provide countless new opportunities to the youth.
Union Budget 2024
Standard Deduction
Standard Deduction limit hike
New Tax Regime
Standard Deduction limit increased
Standard deduction hiked
new tax slab