Union Minister Dr Jitendra Singh was in Jharkhand where he talked about the strong foundations of the Indian Economy laid down by the Narendra Modi government and said that it withstood all domestic and global upheavals and still earned the IMF title as a “bright spot” among major economies of the world.

Briefing the media in Ranchi about the “Futuristic Budget” presented to Parliament on Wednesday, he said, the revolutionary measures and transformative reforms since May 2014 made India’s Macro-Economic Outlook rock solid.

Dr Jitendra Singh referred to Jharkhand specific package in the Budget like 75 out of 705 Schedule Tribes identified as PM Particularly Vulnerable Tribal Groups, 9 belong to Jharkhand, apart from 7 Eklavya Model Residential Schools for tribal students.

The Minister said, on this “rock” foundation, the budget of 2023-24 promises to build an invincible future India over the next 25 years. The world today looks up to India as it jumps 40 positions higher on Global Innovation Index, he said.

Describing it as a budget that addresses the aspirations of every section of society, he said, from middle class to big industry, from women to youth, from farmer to StartUps, it is an inclusive budget for all. At the same time, priorities like Green Growth target the global benchmarks of the 21st century, he said.

Referring to 740 Eklavya Model Residential Schools, Dr Jitendra Singh said, 7 such schools are operational in Jharkhand and pointed out the General Budget has proposed to recruit 38.800 teachers and supporting staff for Eklavya Model Schools serving 3.5 lakh tribal students. He also underlined that out of total of 500 Blocks selected as aspirational blocks, 34 belong to Jharkhand.

Referring to the first budget in the Amrit Kaal of India, Dr Jitendra Singh said, this budget is for all sections of society and addresses the concerns of all sectors, but overall it gives priority to the deprived and unprivileged sections in rural areas.

Dr Jitendra Singh said, “From women living in the cities to villages, employed to homemakers, the government has taken significant steps such as Jal Jeevan Mission, Ujjwala Yojna and PM Awas Yojana etc. that will further empower the welfare of women”.

Referring to India’s international commitments on Climate concerns and its pledge to achieve Net Zero Carbon by 2070, Dr Jitendra Singh said, the Budget gives an unprecedented expansion to Green Growth, Green Economy, Green Infrastructure, and Green Jobs for a Sustainable Future.

Apart from increasing the limit of presumptive tax to help MSMEs to grow, Dr Jitendra Singh said, this Budget also brings a smile to the face of the middle class as the reduction in tax rates as well as the simplification, transparency and speeding up of the filing processes.
 

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