'Historic & unprecedented' budget will provide new direction and momentum to country: Uttarakhand CM Dhami

Uttarakhand’s Chief Minister Pushkar Singh Dhami has described the General Budget 2024-25 as historic and unprecedented. He said that this budget will provide new direction and momentum to the country. Expressing gratitude to Prime Minister Narendra Modi, the Chief Minister said that the Union Budget will realize the aspirations of the people of India by making developed India the basis.

Standard deduction increased from Rs 50,000 to Rs 75,000

Chief Minister Dhami said that government employees and pensioners will get relief by increasing the standard deduction from Rs 50,000 to Rs 75,000 in the new tax system. He said that in the general budget, it has been announced to build 12 new industrial parks across the country. He said that in the Global Investor Summit held in Uttarakhand last year, investment agreements worth more than three and a half lakh crores have been signed. In such a situation, Uttarakhand is also expected to benefit from the construction of industrial parks. CM Dhami said that the Central Government has included 9 priorities for developed India in the budget, which will strengthen the economy of India as well as ensure the upliftment of the citizens.

Expressed gratitude to PM and Finance Minister on the package

Chief Minister Dhami has expressed gratitude to the Prime Minister and Finance Minister on behalf of all the people of Uttarakhand for announcing a special assistance package for the loss caused by natural calamity in Uttarakhand, in the Union Budget 2024-25. He said that through this special package, the damage caused by disasters in the state will not be able to hinder the pace of development of the state.

Focus on employment, skilling, MSME, middle class

CM Dhami said that the budget of the Central Government is focused on the poor, women, youth and farmers. He said that employment, skilling, MSME, middle class have been specially included in the budget theme. He informed that a provision has been made in the budget to provide additional assistance by the Central Government regarding the loss caused by landslides and excessive rains in Uttarakhand. He said that solar energy has been encouraged in the budget under the PM Suryaghar Yojana. With this, the remote areas of the state will definitely get its benefit.

Loan up to Rs 10 lakh to students for higher education

The Chief Minister said that important points are included for the youth under the leadership of Prime Minister Shri Narendra Modi. He said that a provision has been made to give a loan of up to Rs 10 lakh to students for higher education in domestic institutions. Under skill loan, a loan of up to Rs 7.5 lakh has now been arranged. Along with this, the Central Government has announced the minimum support price on main crops.

Help of Rs 15,000 to people registering for the first time

The Chief Minister said that the Central Government will give a help of Rs 15,000 in three instalments to those who have a first job, if the salary is less than Rs 1 lakh for those registering in EPFO. Along with this, under the education loan, those who are not getting any benefit under government schemes, will get a loan for admission in institutions across the country. The government will give up to 3% of the loan. For this, e-vouchers will be introduced, which will be given to one lakh students every year.

Mudra loan limit doubled to Rs 20 lakh

Increasing the limit of Mudra loan from Rs 10 lakh to Rs 20 lakh in the Union Budget 2024-25 is a historic decision. Through this, the non-corporate, non-agricultural small/micro enterprises of the country will be further empowered.