PM Modi Highlights Defence, Tourism, and Tax Reforms in Union Budget

By A Staff Reporter

Delhi: Prime Minister Narendra Modi recently commented on the Union Budget, emphasizing significant strides in the defence sector, tourism, and tax reforms.

"Today, defence exports are at a record high. Many provisions have been made in this Budget to make the defence sector self-reliant," PM Modi stated, highlighting the government's commitment to bolstering domestic defence capabilities.

He also noted the emphasis on tourism in the Budget, saying, "Focus also laid on the tourism sector in this Budget." The government aims to boost tourism as a key economic driver.

In terms of financial reforms, Modi remarked, "A decision has also been taken on the reduction of tax and TDS rules are also simplified," indicating steps to ease the tax burden and streamline tax deduction at source regulations.

Additionally, the Prime Minister spoke about development initiatives in the eastern region of the country. "We are speeding development in the eastern region by way of construction of highways and water and power projects," he explained, outlining the government's infrastructure plans to foster regional growth.