Interim Budget : PM Highlights ‘Sweet Spot’ for Job Opportunities

Prime Minister Narendra Modi has lauded his government’s last Interim Budget before the Lok Sabha elections, emphasizing the achievement of a “sweet spot” with a record-high capital expenditure of ₹11,11,111 crore while maintaining fiscal discipline. Following Finance Minister Nirmala Sitharaman’s presentation of the 2024 Interim Budget, PM Modi, speaking in Hindi, highlighted the pivotal decisions that will propel the development of advanced 21st-century infrastructure and generate numerous employment opportunities for the youth.

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He expressed confidence that the budget aligns with the aspirations of young India, underlining two key initiatives in this direction. Firstly, the establishment of a ₹1 lakh-crore fund dedicated to research and innovation, aimed at fostering technological advancements. Secondly, there is an increase in tax exemptions for startups, promoting entrepreneurship and economic growth.

PM Modi emphasized the positive impact of these measures on job creation and the overall progress of the nation. India’s government actively drives the development of cutting-edge infrastructure through a surge in capital expenditure, aiming to meet the demands of a dynamic and forward-looking 21st century.

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