Budget will revive ‘moribund economy’: Narendra Modi

The Prime Minister said the Budget would give a ray of hope to the housewife who is being burdened by rising prices and place utmost importance to women empowerment and girl's education.

Recalling that the entire world had immense expectations from India, he said, however, that the way the entire economic system crubled in the last decade, not only India but the entire world lost hope and there was an atmosphere of pessimism.

"Since we formed the government, there were discussions about whether this government can free the nation from crisis but the Railway Budget and today's General Budget show that we are moving in the right direction," Modi said.

He referred to the innovative provisions in the Budget for the development of tribal communities and schemes for giving an impetus to skill development for youth.

"The Budget is in line with the government's vision to create a skilled and digital India," he said.

He talked about the measures proposed for the farmers such as 'Krishi Sinchai Yojana' that would benefit farmers and achieve the guiding principle of 'per drop, more crop'.

He also mentioned the provisions in the Budget for the cleaning of the Ganga. He reaffirmed the government's commitment to make India self-reliant in the defence sector.