Kerala CM Pinarayi Vijayan.
Credit: PTI Photo
'Delivery was zero', says DMK MP Dayanidhi Maran
"The Finance Minister took a long time to hail praises but delivery was zero. They are going to present a white paper on the previous government... Nothing much has happened in the last 10 years. The people of the country are already disappointed. Moreover, you realise that performance incentives are given to the bridge companies, and not going to the deserving ones," the senior MP said, as per news agency ANI.
BJP MP Rajiv Pratap Rudy backs Sitharaman, says interim budget is not where the govt announces major schemes
Vice Chairman of CII Tamil Nadu says interim Budget was one about 'consistency'
Vice Chairman of CII Tamil Nadu and the managing director of Managing Director, Wheels India Ltd, Srivats Ram, said about the 2024 Union Budget, ""The Interim Budget has been one about consistency and continuity. The government has spent a lot of funds towards CapEx on infrastructure projects in the last two budgets...Taxation has not been touched at all...She (Finance Minister Nirmala Sitharaman' has also spoken about Viksit Bharat 2047."
Corpus of Rs 1 lakh cr to scale up research, development will be a game-changer: Education Minister Dharmendra Pradhan on budget.
Source: PTI
“The most important takeaway is that it’s not a budget which is to lure the people of our country. I think it’s a progressive budget to consolidate the infrastructure and the economy,” says LJP MP Chirag Paswan
AAP MP Swati Maliwal says Union Budget 2024 is 'disappointing'
Budget captures a decade of transformation: S Jaishankar
Foreign Minister S Jaishankar is all praises for the Budget presented by FM Nirmala Sitharaman. In a post on X he said, "Her focus of inclusive development and growth reaffirmed Modi Sarkaar’s commitment to the welfare of the Garib, Youth, Nari and Annadata."
Jaishankar further added, "This budget is a blueprint for the making of Viksit Bharat. It will reinforce trust and confidence in Modi’s Guarantee."
Ports, Shipping and Waterways Minister Sarbananda Sonowal commended the Budget's alignment with promises made a decade ago by Prime Minister Narendra Modi.
"The guarantee that Modi ji gave to the people 10 years ago, he has fulfilled today. Because of this, the country has awakened, and development is visible in every aspect of the country," said Sonowal.
Minister of state for Health S P Singh Baghel highlighted the inclusive nature of the Budget, addressing the needs of every section of society.
"This Budget takes into account the needs of every section of society. It lays the foundation for the development of India by focusing on the marginalised," he said.
He pointed out the allocation for the construction of three crore new houses in new settlements, illustrating the government's commitment to uplift the marginalised.
Minister of Earth Sciences Kiren Rijiju stressed on the role of the interim Budget in propelling India into a 5 trillion-dollar economy and a fully developed nation by 2047.
"Although it is interim, the attention to every sector, including infrastructure, social sector, agriculture and the blue ocean economy, is evident," said Rijiju. He credited the prudent fiscal management and economic policies led by PM Narendra Modi for making India the most confident economic power globally. He underlined the significance of the Budget's focus on the blue economy, the deep ocean mission, and the exploration of ocean resources, foreseeing substantial contributions to the Indian economy.
Interim Budget evokes mixed response from Indian business community in Gulf
India's interim Budget for 2024-25 received mixed reactions from the Indian business community in the Gulf with some hailing it as forward-looking and a vision statement for the journey from developing to a developed country by 2047 while others voiced disappointment over the absence of tax reliefs for individuals. Presenting a vote on account for 2024-25 in Parliament, Finance Minister Nirmala Sitharaman proposed no changes in income tax rates for individuals and corporations, as well as customs duty.
Rajasthan Congress terms Budget as disappointing, state BJP leaders hail FM
The Congress on Thursday termed the Union Budget as disappointing, saying there was no new announcement for Rajasthan. The BJP, on the other hand, said every section of the society has been appropriately focused in the interim Budget.
Congress state president Govind Singh Dotasra said Rajasthan gave 25 MPs twice to the BJP government at the Centre, yet Rajasthan did not get any big announcement in this Budget presented by Finance Minister Nirmala Sitharaman.
Budget outlines comprehensive roadmap for sustained economic growth: Kiran Mazumdar-Shaw
Biotechnology industry veteran Kiran Mazumdar-Shaw on Thursday said in the interim budget, Union Finance Minister Nirmala Sitharaman has outlined a comprehensive roadmap for sustained economic growth that will enable India to achieve developed economy status by 2047.
She termed it as an "all encompassing growth focused" budget, which augments inclusive economic development.
“In the interim Budget 2024, there is a need to enhance digitalisation of tax return filing-linked procedures such as changing residency status, assessments and even alternative tax return verification systems linked to NRIs," said Deepak Bhatia, Managing Director at Uncle's Shop Building Material Trading, Dubai.
According to Manjarekar, the focus on a green economy through promoting electric vehicles will support sustainability.
“The budget’s focus on tourism will create business opportunities for many Indians," he said.
Kerala Chief Minister Pinarayi Vijayan said that Kerala was totally neglected in the union budget.
Various pressing needs like support for rubber sector and institutions like AIIMS were not considered by the centre in this budget. The budget that did not contain any welfare measures for the ordinary people or for Kerala reflects BJP's approach, said Vijayan.He also said that even as the centre aims at making India a developed nation by 2047, no steps to strengthen states to achieve this were being taken. Demand for enhancing borrowing limit of the state was also ignored.