Budget 2024: 'Unemployment and inflation are both coming down', interim budget passed by Lok Sabha, Finance Minister's befitting reply to the opposition


Posted on 8th Feb 2024 10:53 am by rohit kumar

The interim budget presented on February 1 for the upcoming financial year 2024-25 was passed by the Lok Sabha on Wednesday. Answering the opposition's questions in the Lok Sabha on the interim budget, Finance Minister Nirmala Sitharaman said that unemployment and inflation rates are also decreasing in the country.

 

He said that the government has not made any cut in the items of any welfare schemes in the upcoming financial year 2024-25. Due to the financial strength of the government, the fiscal deficit target has been kept at 5.1 percent of GDP, whereas earlier this target was 5.2 percent.

 

Did Nirmala Sitharaman say anything?

On the question raised during the discussion in the Lok Sabha regarding unemployment and workforce, he said that according to government data, the unemployment rate was six percent in the financial year 2017-18, which decreased to 3.2 percent in the financial year 2022-23. The youth work force was 38.2 percent in 2017-18, which increased to 44.5 percent in FY 22-23 i.e. it increased by 6.3 percent. They said,

 

'Government is selling flour and pulses at cheap prices'

In response to the opposition's questions on inflation, Sitharaman said that the average inflation rate in April-December 2022 was 6.8 percent, which was 5.5 percent in the same period of 2023. He said that continuous efforts are being made by the government to reduce inflation and Bharat Flour, Bharat Dal, Bharat Rice, and Onion are being sold at cheaper prices. The result is that retail inflation has decreased.

 

He said that so far 2.37 lakh tonnes of flour has been sold at the rate of Rs 27.50. At the same time, 3.96 lakh tonnes of onions have been sold at the rate of Rs 25. The Finance Minister said,

 

Also Read: UCC Bill: UCC Bill introduced in Assembly, slogans of Jai Shri Ram raised, proceedings adjourned till 2 pm

 

'Allocation of Rs 12,400 crore for PM nutrition'

He said that the opposition member had talked about less allocation for PM Nutrition, but in reality, in the upcoming financial year, Rs 12,400 crore was allocated for PM Nutrition, whereas in the current financial year, Rs 11,600 crore was allocated for this item. it was done.

 

Some MPs had raised questions regarding allocation for schools. In response to this, he said that under the revised estimate of the current financial year, Rs 68,000 crore has been allocated for schools, while Rs 72,000 crore has been allocated for this in the coming financial year.

 

All states are getting the benefit of the PLI scheme!

He said that almost all the states are benefiting from the Production Linked Scheme related to manufacturing incentives and production has started in 24 states under this scheme. Investments worth Rs 1.07 lakh crore have been made and exports worth Rs 3.2 lakh crore have been made.

 

Also Read: UP Budget 2024: Amidst election preparations, the tune of Ramrajya... message of implementation from the budget; Analyst said – this is a big thing

1 Like 0 Dislike
Previous news Next news
Other news

Astronomer CEO: Coldplay shared concert photos, users remembered the 'affair scandal', and gave amazing reactions

There is a lot of discussion these days about the recent US tour of the popular British music ban

IND vs ENG Weather: Who will benefit if it rains during the India-England match? Know what the weather and pitch report says

India is set to take on England in the semi-finals. Both teams will once again face each other in

The Vishwa Hindu Raksha Parishad burned an effigy of the Bangladeshi president in Lucknow during a protest.

The Vishwa Hindu Raksha Parishad (World Hindu Protection Council) has become quite vocal regardin

T20 WC: Team India's practice session in Florida cancelled; These two players may return to India after the match against Canada

The Indian team's practice session scheduled for June 14 in Florida has been canceled due to rain

Train Accident: Kanchenjunga Express reached Sealdah, victims shed tears as soon as they saw their loved ones, expressed their pain

The Kanchenjunga Express, which had crashed near Jalpaiguri railway station in West Bengal on Mon

Kolkata Doctor Murder Case: 'This is not just a case of murder', Supreme Court formed a National Task Force

The case of rape of a female trainee doctor in Kolkata is being heard in the Supreme Court today.

IND vs SA: What did Rohit Sharma say after Virat Kohli's century? Arshdeep Singh reveals in video

India's run-machine Virat Kohli scored his 52nd career century in the first ODI against South Afr

'Declare heat wave as a disaster', Parliamentary committee sends a recommendation to the government regarding heatwave.

A standing committee of Parliament has suggested that the Central government should include new a

Shahbaz Sharif started pleading for an attack on Noor Khan and a ceasefire, what was Pakistan afraid of?

After the declaration of a ceasefire between India and Pakistan, the situation in both countries

Pushpa 2: A huge mistake happened during the screening of 'Pushpa 2', the audience got angry.

A strange incident was seen regarding 'Pushpa 2' in Kochi. Only the post-interval part of Allu Ar

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash