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'Budget 2025 Not To Fill Govt Coffers, But To Fill Citizens' Pockets': PM Modi

Prime Minister Modi said that Budget 2025 prioritises citizens' financial well-being rather than government earnings. It aims to boost savings, investment, consumption, and economic growth.

Prime Minister Narendra Modi said that Budget 2025 was not designed to fill the coffers of the government but to fill the pockets of the citizens. "The previous government only filled its treasury but this time we have done the opposite," he said in his post-Budget speech.

"Usually, the focus of the Budget is on how the government treasury will be filled; but this budget is exactly the opposite. How will this budget fill the pockets of the citizens of the country, how will the savings of the citizens of the country increase and how will the citizens of the country become partners in development... this budget lays a very strong foundation for this," PM Modi said, referring to the raising of the tax slab to Rs 12 lakh.

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"Today is an important milestone in India's development journey. This is the budget of aspirations of 140 crore Indians. This is a budget that fulfils the dreams of every Indian. We have opened many sectors for the youth. The common citizen is going to drive the mission of Viksit Bharat," PM Modi said.

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Congratulating Union Finance Minister Nirmala Sitharaman, PM Modi said this was a Budget for the "Janta Janardan [public]". He said: "This budget is a force multiplier. This budget will increase savings, investment, consumption and growth rapidly."

PM Modi further said that Budget 2025 encourages the private sector to invest in Nuclear Energy "In this Budget, important steps have been taken towards reform. The decision to promote the private sector in nuclear energy is historic. In the coming times, it will ensure a major contribution by civil nuclear energy in the nation's development," he said.

ALSO READ | Happy With Income Tax Announcements In Budget 2025? Here's How Much It Will Cost Centre

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