Finance Minister said in Rajya Sabha - 25 years roadmap is necessary for development, our full emphasis is on economic development

Posted on 11th Feb 2022 by rohit kumar

Union Finance Minister Nirmala Sitharaman is replying to the discussion on the Union Budget 2022 in the Rajya Sabha. During the discussion, the Finance Minister said that this budget will bring continuity and this budget will bring stability to the economy. This budget talks about stability, in this budget some schemes of last year have been carried forward and those plans will guide us in the coming 25 years.

 

Better facilities for startup

 

Nirmala further said that India has better facilities for startups. He said that 25 years roadmap is necessary for development. Our entire emphasis is on economic development. He said that more than 20 startup unicorns have been created in the country. Technology has been given priority in this budget, an example of this is the introduction of drones to improve and modernize agriculture. Startups are being encouraged, we have seen that the strength with which startups are coming into the country has not happened anywhere in the world.

 

target the opposition

 

The Finance Minister further said that if we do not have any vision on the completion of 100 years of India's independence, then we will have to suffer in the same way as we had to suffer in 70 years in which to create a family, support it and benefit it. Apart from this, there was no other vision in the country.

 

Let us inform you that earlier on Thursday, he had given a reply on the budget in the Lok Sabha. The Finance Minister presented the General Budget in Parliament on 1 February. Finance Minister Nirmala Sitharaman told during the discussion in the Lok Sabha on the budget presented for the coming financial year that 2.5 crore umbrellas are imported from the same country every year. Pointing to China, he said that because of this, the 10 percent duty on the import of umbrellas was reduced to 20 percent in the budget. He said that domestic umbrella manufacturers MSME companies had complained that the import of umbrellas from China is increasing continuously in the country due to low duty. With the increase in import duty, domestic small entrepreneurs will get an opportunity to manufacture.

 

In the Lok Sabha, Sitharaman also told that in the year 2013, during the Congress rule, in the Bali agreement of the World Trade Organization (WTO), the government had made such an agreement, under which the government would not buy rice from farmers at the minimum support price since 2017. Could have done it, but the government led by Prime Minister Narendra Modi got it rectified, only then today we can buy food grains from farmers and distribute them among the poor.

 

The Finance Minister said that out of the cess collected by the Center, the amount is given to the states under various central programs. In the financial year 2013-14, Rs 6 lakh crore was given to the states by the Center, which has reached the level of 17 lakh crore in the current financial year. The Finance Minister also informed that the government is committed to reviving the state-owned telecom company BSNL and Rs 24,000 crore has been given to launch its 4G service.