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Budget Reflects Nation's Aspirations, Says Minister Rao Inderjit Singh

Minister of State Rao Inderjit Singh stated the Union Budget is a reflection of the country's aspirations and a document of duty with a clear vision. He emphasized it provides a roadmap for empowering every section of society and reflects the vision of heritage and development under Prime Minister Modi's leadership. The minister highlighted historic increases in infrastructure investment over the past decade, citing massive budget rises for roads, railways, and urban affairs. He also outlined new provisions for the manufacturing sector, including funds for MSMEs and electronics, to make India a global hub.

Key Points: Budget a Document of Duty and Vision, Says MoS Rao Inderjit Singh

  • Budget reflects national aspirations
  • Massive infrastructure investment hike
  • New direction for manufacturing sector
  • Roadmap for empowering all sections
2 min read

Budget reflection of country's aspirations, says MoS Rao Inderjit Singh

Minister Rao Inderjit Singh hails Union Budget as a roadmap for Viksit Bharat, highlighting massive infrastructure and manufacturing investments.

"This is not a budget limited to announcements, but a vision that provides opportunities, encouragement and support at the ground level. - Rao Inderjit Singh"

Chandigarh, Feb 7

Minister of State for Statistics and Programme Implementation, Rao Inderjit Singh, on Saturday, described the Union Budget as a reflection of the country's aspirations, saying this budget is not merely a list of promises but a document of duties, clear vision and strong determination.

He said this Budget reflects the Union government's commitment to fulfill its responsibility towards every citizen.

Addressing the media in Gurugram, MoS Rao said the Budget presents a clear roadmap for empowering every section of society.

"This is not a budget limited to announcements, but a vision that provides opportunities, encouragement and support at the ground level, giving the people of the country the strength to move forward continuously."

MoS Rao said that under the leadership of Prime Minister Narendra Modi, the vision of taking heritage and development forward together is strongly reflected in this budget.

"By encompassing sectors such as manufacturing, infrastructure, health, education, tourism, rural development, artificial intelligence and sports, this budget is a decisive step towards realising the vision of Viksit Bharat."

The MoS said the Central government has made a historic increase in investment in the infrastructure sector over the past decade.

He added that the allocation for road transport and highways, which was Rs 31,302 crore in 2013-14, has increased to Rs 309,875 crore in 2026-27.

Similarly, the Railway budget has risen from Rs 26,000 crore to Rs 281,377 crore, housing and urban affairs from Rs 1,486 crore to Rs 85,822 crore and the energy sector from Rs 10,000 crore to Rs 29,997 crore.

"These figures clearly show that the Union government is continuously investing to make infrastructure the backbone of the economy," MoS Rao said.

Speaking on the manufacturing sector, the MoS said that as compared to 2013-14, the present Budget has given a new direction to manufacturing.

"The provision of a Rs 10,000 crore SME Growth Fund for MSMEs, Rs 40,000 crore for expansion of electronics manufacturing and Rs 10,000 crore investment under the BioPharma Shakti Scheme are proof of this," he added.

In addition, schemes related to textiles, container manufacturing and high-tech tool rooms will provide a strong foundation for making India a global manufacturing hub.

- IANS

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Reader Comments

R
Rahul R
Good to see specific allocations for MSMEs and electronics manufacturing. As a small business owner, the SME Growth Fund could be a game-changer if it's accessible without too much red tape.
A
Aman W
The numbers look impressive on paper, but I wish there was more direct focus on reducing the tax burden for the middle class. Our household budget is stretched thin with inflation.
S
Sarah B
Investing in AI and high-tech manufacturing is the right move for a 'Viksit Bharat'. We need to prepare our youth for the jobs of the future, not just the past.
K
Karthik V
The increase in the housing and urban affairs budget is crucial. Our cities need sustainable development and better public transport. Hope this translates to cleaner, more livable urban spaces.
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Nisha Z
While the vision is broad, the real test is implementation at the ground level, especially in rural areas. We've heard big promises before. Let's see if this budget truly empowers every section as claimed.

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