Budget is a step towards making modern India: PM Modi

Prime Minister Narendra Modi on Wednesday said that the Union Budget 2022-23 has several important provisions to take India forward in the direction of modernity.

While addressing a programme on Aatmanirbhar Arthvyavastha, the Prime Minister said, "Union Finance Minister Nirmala Sitharaman comprehensively explained the Budget in a timely manner given its vastness."

"This Union Budget has several important provisions to take India forward in the direction of modernity. It is very important for us to make a self-reliant and modern India. This Budget has several important provisions to take India forward in the direction of modernity. India's economy is expanding continuously due to the decisions taken in the last 7 years," added PM Modi.


The Prime Minister said that in 2013-14, India’s export was around Rs 2.5 lakh crore while today it is around Rs 4.7 lakh crore. Further, he said that 7 years ago India’s forex reserve was around but today it has crossed $630 bn.

“India’s FDI in 2013 was around $36 but last year it crossed $80 bn,” PM Modi said.

“Today India’s eco indicators are seeing fast improvement and fundamentals are strong, the budget will further accelerate this,” the PM added.

The Prime Minister said that today the world's perspective of looking at India has changed a lot and now, the world wants to see a stronger India.

"Indian economy is at a turning point. There is a possibility of a new world order post-COVID pandemic. Today, the world's perspective of looking at India has changed a lot. Now, the world wants to see a stronger India," he pointed out.

While addressing BJP workers and leaders, the Prime Minister said, "With the world's changed perspective towards India, it is imperative for us to take the country forward at a rapid pace by strengthening our economy."

The Budget has envisioned a 2,500-km long natural farming corridor along banks of River Ganga, will also help Clean Ganga mission, he said.

This Budget focuses on providing basic amenities to the poor, middle class and youth, he said adding that his government is working on the saturation of basic facilities.

Modi also said migration from border villages is not good for national security and the budget has provisions to develop 'vibrant villages' on the border.

In the last seven years, the decisions taken are continuously enlarging the Indian economy, Modi said.

He said 7-8 years ago, India's GDP was Rs 1.10 lakh crore. Today, our GDP is nearly Rs 2.3 lakh crore.

Union Finance Minister Nirmala Sitharaman tabled Union Budget 2022-23 on Tuesday.

(With agency inputs)