“The budget is the most pro-middle class in past 75 years. No government has ever offered such favourable conditions to the middle class,” he said.
Karimnagar:Union minister of state for home affairs Bandi Sanjay Kumar on Saturday hailed the Union Budget, calling it as exceptional and highly favourable for the poor, middle class, farmers, small traders and young entrepreneurs.
Among the most notable announcements was the introduction of tax exemptions up to `12 lakh for employees which he called a revolutionary move. This is expected to save employees up to Rs 80,000 annually.
“The budget is the most pro-middle class in past 75 years. No government has ever offered such favourable conditions to the middle class,” he said.
The budget also promises significant support for farmers, particularly in Telangana where more than 50 lakh farmers will have access to loans of up to Rs 5 lakh and urged all farmers to apply for Kisan Credit Cards to take advantage of this opportunity.
Bandi Sanjay pointed out the broader economic impact of the government’s vision of making India the third-largest economy by 2027, next to the United States and China.
Hailing Prime Minister Narendra Modi’s focus on welfare, Bandi Sanjay called the Budget as ‘welfare budget for the people’ and expressed gratitude to both Prime Minister and finance minister.
Bandi Sanjay urged the opposition to stop unnecessary criticism of the budget and called on the Telangana state government to cooperate with the Centre to ensure its successful implementation.
