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Modi Govt's Budget Strengthens Infrastructure, Aims for Viksit Bharat 2047

Union Minister of State for Home Affairs Nityanand Rai praised the budget presented by Finance Minister Nirmala Sitharaman, stating it reflects the aspirations of 140 crore Indians. He highlighted the massive Rs 12.2 lakh crore provision for capital expenditure to improve connectivity and accelerate infrastructure projects. The budget includes major announcements for Bihar, including a new high-speed rail corridor and a ship repair ecosystem in Patna. Rai emphasized that the budget strengthens the foundation for a developed India by 2047 and provides benefits for all sections of society.

Key Points: Budget 2024: Focus on Infrastructure, Jobs, and Viksit Bharat

  • Rs 12.2 lakh crore capital expenditure
  • Focus on defence, farmers, and critical minerals
  • New Varanasi-Siliguri high-speed rail corridor
  • Ship repair ecosystem for Patna
  • Benefits for middle class and startups
2 min read

A historic budget, will strengthens country's growth and progress: MoS Home Nityanand Rai

Union Minister Nityanand Rai hails historic budget for strengthening national infrastructure, generating employment, and benefiting all sections of society.

"It is a budget that strengthens the nation's infrastructure, generates employment, and reinforces the foundation of a Viksit Bharat @2047 - Nityanand Rai"

New Delhi, February 1

Union Minister of State for Home Affairs Nityanand Rai, reacting to the budget presented by Finance Minister Nirmala Sitharaman on Sunday, stated that the budget of the Modi government reflects the aspirations of the country's 140 crore people.

Nityanand Rai said that the budget embodies the core mantra of Sabka Saath, Sabka Vikas, Sabka Vishwas, and Sabka Prayas. "It is a budget that strengthens the nation's infrastructure, generates employment, and reinforces the foundation of a Viksit Bharat @2047," he said.

Rai said that the Modi government's budget focuses on the defence sector, farmers' income, critical minerals, data centres, infrastructure, and employment.

"This budget offers a great deal for the middle class, industries, startups, and investors," he added.

Former Bihar BJP President and Lok Sabha MP from Ujiarpur, Nityanand Rai, said that once again the Modi government has made a provision of Rs 12.2 lakh crore for capital expenditure on public projects. This will improve connectivity, accelerate the pace of projects and strengthen overall infrastructure. Strong infrastructure will have a direct impact on employment and mobility, marking an important step in strengthening transportation, and its benefits are certain to reach across all sectors of the country.

Rai further added that provisions have been made in this budget for the welfare of all sections of society--villagers, the poor, farmers, labourers, women, and youth.

"The budget provides for the expansion of the rail network and the construction of seven major high-speed rail corridors. A new high-speed rail corridor between Varanasi and Siliguri has been announced, which will pass through Bihar," he added

Nityanand Rai congratulated Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman on behalf of the people of Bihar. He said that in this year's budget as well, Finance Minister Nirmala Sitharaman has given a major gift to Bihar by announcing the development of a 'ship repair ecosystem' in Patna.

"This centre, to be built along the banks of the Ganga River, will strengthen inland waterways, enable local repair of ships, and significantly reduce logistics costs. This is a major step toward establishing Bihar as a key transport and industrial hub in eastern India," he added.

- ANI

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Reader Comments

S
Sarah B
As someone who follows economic policy, the continued high capital expenditure is a positive signal for long-term growth. However, I hope the execution on the ground matches the vision on paper. The ship repair hub in Patna is a fascinating idea.
P
Priya S
Sabka Saath, Sabka Vikas sounds good, but as a middle-class taxpayer, I was hoping for more direct tax relief. The cost of living is pinching everyone. The rail projects are welcome, but what about immediate inflation relief?
R
Rohit P
Finally, a budget that talks about 'Viksit Bharat' with a clear plan! The emphasis on defence, critical minerals, and data centres shows we are preparing for the future. The Ganga ship repair ecosystem is brilliant for Bihar's economy. 👏
M
Meera T
Good to see provisions for farmers, women, and youth mentioned. Hope the benefits actually reach the grassroots and aren't just on paper. The seven high-speed rail corridors will be a dream come true if completed on time.
D
David E
The scale of ambition here is impressive. 12.2 lakh crore on capex is a massive commitment to public projects. This should boost manufacturing and create jobs. The focus on inland waterways is a smart, sustainable move.

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