Budget 2019 is one of hope: PM Modi says, 'it will empower poor, secure better future for youth'

Prime Minister Narendra Modi on his remarks over Union Budget 2019 said this budget is one of hope.

Finance Minister Nirmala Sitharaman presented her first maiden budget today which was termed a roadmap to transform the agriculture sector of the country by Prime Minister Narendra Modi.

PM Modi further said that the middle class will progress with this budget and development work will expedite even more. The tax structure will simplify and infrastructure will modernise.

"Ye desh ko samridh aur jan jan ko samarth banane wala budget hai," PM Modi added. 

PM also said that the budget will empower the poor and secure a better future to the youth of the country.

My thoughts on the #BudgetForNewIndia. Watch. https://t.co/cJYfirRHfa

— Narendra Modi (@narendramodi) July 5, 2019

Speaking on the economic survey on Thursday, PM Modi said that the economic survey 2019 outlines a vision to achieve a $5 Trillion economy. "It also depicts the gains from advancement in the social sector, adoption of technology and energy security," he said.

Chief Economic Advisor (CEA) Krishnamurthy Subramanian yesterday said that the economic survey showed the pathway for India to achieve its $5 trillion economy target by 2024.

However, Finance Minister Nirmala Sitharaman said structural reforms and a growth of 8% needed to achieve $5 trillion economy target. 

Among many big and small announcements in her budget speech, Nirmala Sitharaman said the government in its focus on women empowerment has proposed 'Nari to Narayani' scheme in which women entrepreneurs will be eligible to avail loan up to Rs 1 lakh under Mudra scheme.