India News Nation

Development and our performance history were prioritized over revdi: FM Sitharaman

<p>Finance Minister Nirmala Sitharaman articulates that the government, under the purview of the Centre, eschewed any inclination toward populism in the Budget. Instead, a deliberate choice was made to elucidate the government’s decade-long trajectory of reforms and development as the means to convey its message to the populace. Sitharaman expounds on the key messages in interviews with Doordarshan and during a press conference post-Budget. Excerpts:</p>
<p><img decoding=”async” class=”alignnone wp-image-383421″ src=”” alt=” development and our performance history were prioritized over revdi fm sitharaman” width=”1076″ height=”606″ title=”Development and our performance history were prioritized over revdi: FM Sitharaman 9″ srcset=” 600w,–390×220.jpg 390w,–150×85.jpg 150w” sizes=”(max-width: 1076px) 100vw, 1076px” /></p>
<p>What are the pivotal takeaways from your Budget? The initiation of this process occurred subsequent to Prime Minister Modi’s address from the Red Fort. Deliberations on a comprehensive roadmap for transforming India into a developed nation by 2047 have been conducted. Our focus extends to four segments concerning development issues, namely women, farmers, the underprivileged, and the youth. Their aspirations will be fulfilled, ensuring their progress, which, in turn, will contribute to the advancement of the nation. This is the essence encapsulated in this Budget, wherein various schemes have been introduced or continued.</p>
<p>While maintaining public investment, we observe an escalation of contributions from the private sector in infrastructure development. To propel the country forward in innovation, we have stipulated the requisite funds and undertaken measures to achieve this objective. Detailed plans will be announced in the upcoming July Budget.</p>
<p>This Budget deliberately avoids succumbing to populism. What motivated such a bold decision, especially preceding a general election? The Prime Minister emphasized a decade of substantial systemic reforms, steering towards empowering people rather than relying on entitlement. This approach has facilitated the delivery of homes, electricity, and financial assistance through direct benefit transfers. By providing financial empowerment and creating opportunities, our principles, such as “Sabka Saath Sabka Vikas,” underscore a commitment to offering services based solely on merit. This ensures genuine development at the grassroots level, devoid of appeasement or differentiation between individuals. Over the past decade, a foundation has been laid for people to envision fulfilling their aspirations.</p>
<p>The Vote on Account Budget was not intended to merely showcase capabilities without a decade of performance. We aimed to preclude any populist sentiments, relying on our track record to elucidate our intentions.</p>
<p>Over the last decade, the provision of electricity, gas connections, housing, and the establishment of 500 million new stakeholders in the economy have transpired. How do you envision these accomplishments shaping the future of the economy and society? These achievements are poised to serve as catalysts for future consumption—beyond basic necessities, extending to food products, services, and education. The latter is not confined to corporate education but encompasses the pursuit of skills, knowledge, and opportunities. To facilitate this, an innovation fund has been established, accompanied by a substantial corpus allocated over the next five years, ensuring that ‘PM Shree’ schools are sufficiently endowed to provide ample opportunities.</p>