Rajasthan's Dy CM Calls Union Budget 2025 a ‘Game Changer’
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Synopsis
Rajasthan Deputy Chief Minister hailed the Union Budget 2025 as a transformative measure for inclusive growth, emphasizing its focus on empowering farmers, women, and youth while enhancing infrastructure and supporting tourism.
Key Takeaways
- Union Budget 2025 termed a 'game changer'
- Focus on farmers, women, poor, and youth
- Income tax exemption for up to Rs 12 lakh
- Extension of Jal Jeevan scheme until 2028
- New initiatives for entrepreneurs and rural women
Jaipur, Feb 1 (NationPress) The Deputy Chief Minister of Rajasthan referred to the Union Budget 2025 as a 'game changer' for inclusive growth on Saturday.
The budget emphasizes empowering farmers, the underprivileged, women, and youth while fostering infrastructure development.
According to her, this budget aligns perfectly with Prime Minister Narendra Modi's 'Sabka Saath Sabka Vikas' initiative, promoting comprehensive development and actively supporting industry and tourism.
She highlighted that the proposal to exempt annual incomes up to Rs 12 lakh from income tax will provide significant relief to the average citizen. This change is anticipated to enhance disposable income for the middle class, thus increasing consumption and stimulating domestic demand.
She pointed out that the innovative approach of developing tourism destinations in collaboration with state governments will greatly benefit the sector.
Expanding on this, she stressed the extension of the 'Jal Jeevan' scheme until 2028, noting its potential to improve drinking water access nationwide. She commended the MSME initiative, which has been aptly termed as a 'second engine of growth' within the budget.
Focusing on rural development, the Deputy Chief Minister applauded the increase in Kisan Credit Card limits to Rs 5 lakh, explaining that the launch of the 'Pradhan Mantri Dhan Dhanya Krishi' initiative will significantly enhance the agriculture sector and boost the income of our 'Annadatas'.
She added that establishing 50,000 Atal Tinkering Labs in government schools, along with the 'Bhartiya Bhasha Pustak' scheme, will further reinforce the education system.
The new initiative for first-time entrepreneurs, emphasizing support for women, and the multi-faceted 'Rural Prosperity and Resilience' program to ensure financial independence for rural women illustrate the government's dedication to empowering 'Nari Shakti'.
Moreover, the Deputy Chief Minister highlighted the budget's emphasis on electricity distribution reforms and the enhancement of intra-state transmission capacity, which she noted would greatly benefit Rajasthan by upgrading the capabilities of the state's electricity firms.
Additionally, the decision to double the loan guarantee is set to provide a considerable boost to startups, presenting new opportunities for young entrepreneurs.
She also welcomed the relief in tax slabs for senior citizens, stating it would provide essential financial comfort and security.
