Lawmakers Applaud Union Budget 2025; Commend Tax Relief for Middle Class
Synopsis
Key Takeaways
- Union Budget 2025 highlighted tax relief for the middle class.
- Special focus on infrastructure development in Bihar.
- Government's commitment to a developed India under PM Modi.
- Boost in food processing and greenfield airports.
- Support for the Export Promotion Mission to enhance affordability of essential items.
New Delhi, Feb 1 (NationPress) Parliamentarians commended the Union Budget 2025, emphasizing vital measures designed to assist the middle class, enhance infrastructure, and stimulate economic growth.
While the budget has garnered praise for its focus on inclusive development, particular attention was drawn to the provisions benefiting Bihar, a state that has received considerable emphasis this year.
Chirag Paswan, MP and leader of the Lok Janshakti Party (LJP), expressed appreciation to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for their dedication to a 'Viksit Bharat (developed India)'.
"I want to thank PM Modi and Finance Minister Sitharaman for this 'Viksit Bharat' vision. This budget will strengthen that goal. As a representative from Bihar, I am particularly grateful for the focus on infrastructure development, airport expansion, and the inclusion of Makhana, a major product from Bihar," Paswan stated.
LJP (Ram Vilas) MP Shambhavi Choudhary also welcomed the budget, especially for its emphasis on Bihar's progress.
"This is a very positive step. The government continues to prioritize Bihar. Last year, we witnessed several packages for Magadh, while this year, Mithilanchal has received significant recognition.
"The food processing industry is set for growth, greenfield airports will be established, and IITs will be developed. This is very encouraging, and I fully support this budget," Choudhary expressed.
Former Union Minister Ravi Shankar Prasad defended the budget against detractors who associated the announcements with Bihar's upcoming elections.
"This is a well-crafted and considerate budget. Some may argue that these favors are due to the elections in Bihar, but that is not accurate. So what if elections are approaching? Bihar deserves these advancements irrespective of that," Prasad remarked.
BJP leaders also voiced their approval. Union Minister Sukanta Majumdar praised the tax exemptions included in the budget, stating, "The exemption for annual income up to twelve lakh rupees is a significant relief. I wish to express my gratitude to PM Modi and FM Sitharaman for this, as I come from a middle-class family. The public will keep saying 'thank you', and the entire nation will show their appreciation."
BJP Rajya Sabha MP Dinesh Sharma applauded the budget's focus on the middle class and exports. "This budget creates a golden history for the middle class. It aims to increase income while also implementing initiatives to enhance exports. The Export Promotion Mission seeks to make essential items such as clothing, mobile phones, TVs, and LCDs more affordable," Sharma noted.
Praveen Khandelwal, BJP MP, stated that the budget aligns with PM Modi's vision for inclusive growth. "The tax exemption on incomes up to twelve lakh rupees will undoubtedly provide substantial relief to the poor and middle class," Khandelwal expressed.
Shiv Sena MP Milind Deora also commended the Union Budget, saying, "It is a very commendable budget, a very optimistic budget."
In summary, the Union Budget 2025 has received favorable feedback from parliamentarians for its economic initiatives and focus on development, particularly in infrastructure, taxation, and the middle class.