The Union Finances 2025-26 will function a milestone in reaching Prime Minister Narendra Modi’s imaginative and prescient of a developed India by 2047, BJP’s nationwide spokesperson and Rajya Sabha MP Dr Sudhanshu Trivedi mentioned right here on Saturday. Addressing a press convention on the BJP workplace in Gulab Bagh, he mentioned the price range presents a complete improvement plan and goals to empower all sections of society.
BJP’s nationwide spokesperson and Rajya Sabha MP Dr Sudhanshu Trivedi interacting with intellectuals of Kashi on Sunday (HT Photograph)
Trivedi said that the price range has exceeded expectations, significantly for the center class, as people incomes as much as ₹12 lakh yearly won’t must pay revenue tax. For farmers, 100 districts with low agricultural productiveness have been recognized, benefiting 1.7 crore farmers. The Kisan Credit score Card restrict has been raised from ₹3 lakh to ₹5 lakh.
The price range additionally outlines a plan to generate 100 gigawatts of nuclear vitality by 2047. A provision of ₹500 crore has been made for synthetic intelligence, specializing in its functions in agriculture, healthcare, and schooling, the BJP spokesperson mentioned.
In accordance with Trivedi, the price range prioritises six key areas: city improvement, energy, mining, taxation, reforms, and monetary sectors. Almost ₹1 lakh crore has been allotted for city improvement, whereas ₹15 lakh crore has been put aside to reinforce infrastructure, together with roads, railways, ports, and airports.
To enhance entry to medicines, the federal government has eliminated import duties on 36 medicine used for important diseases like most cancers, he mentioned. “The tax deduction at source (TDS) on bank interest up to ₹1 lakh has been eliminated, while the TDS exemption limit on rental income has been raised from ₹2.4 lakh to ₹6 lakh,” Trivedi added. The price range contains ₹1 lakh crore for healthcare, with a restructuring of excise obligation into seven slabs as a substitute of 15.
Trivedi remarked that regardless of international financial challenges, India’s progress trajectory stays sturdy beneath Prime Minister Modi’s management.
Responding to a question on rising tourism in Varanasi, the BJP chief credited the Kashi Vishwanath Hall, accomplished in 2021, for the rise. He famous that the variety of vacationers in Kashi stood at 30.78 lakh earlier than the hall’s building, and from December 2021 to 2024, the footfall has surged to 11 crore.