Budget 2022 will strengthen economy: PM Modi

New Delhi: Prime Minister Narendra Modi on Tuesday said the General Budget presented by Finance Minister Nirmala Sitharaman will strengthen the economy and create new opportunities.

"This budget will strengthen the economy and create new opportunities for the common man. It addresses immediate requirements and also ensures bright future of the youth of the country," Mod said on the Budget.

The important aspect of the budget is the welfare of the poor, he added.

"New technology has been brought in all walks of life, whether it is Kisan drones, Vande Bharat trains, digital currency or digital ecosystem for health, youth, middle class, poor, everyone will benefit," Modi said.

Talking about the agriculture sector, he said, "New opportunities be it for agriculture start-up, or package for food processing industry, it will help in increasing farmers' income. Budget provisions ensure agriculture is profitable, new opportunities are there. Whether it is fund for new agriculture start-up, or package for food processing industry, it will help in increasing farmers' income."

On chemical free natural farming, Modi said: "In Uttarakhand, UP, Jharkhand, Bihar and West Bengal natural farming will be promoted along the Ganga. This will help in making Ganga chemical free."

"Reserving 68 per cent of Defence Capital for domestic industries to help MSMEs is a major step towards Aatmanirbhar Bharat (self-reliant India)," he observed.

The PM said that border villages, which are important to national security, will be strengthened with 'Parvatmala Yojana'. (UNI)