CURATED BY – RAVI SHIMLE | CITYCHIEFNEWS

Barwani, Recently, the interim budget of the current government was presented by Barwani, the Finance Minister of the country. Khargone Barwani MP of Lok Sabha constituency Gajendra Singh Patel while welcoming this budget while addressing the people of his area said that this budget is the budget of development and prosperity. He said that in this budget, the most important demand of the parliamentary constituency Khargone Barwani is the railway line, which has got a place in this budget.

Speaking to reporters, Barwani MP Gajendra Singh Patel said, “This budget is very special for us and our region. A provision of Rs 716 crore has been made for land acquisition for Indore Manmad railway line. The amount passed in the budget will give further impetus to the said project due to which rail will come to Nimar very soon. This railway line is important for the development of Nimar region. This rail line will provide rail facilities to the people of the area and promote trade and commerce. The construction of the railway line will benefit the people of the area economically.

Praising the Interim Budget, Shri Patel further said, “This Interim Budget is synonymous with Prime Minister Shri Narendra Modi Ji's vision of a Developed India@2047 and sets the tone for the coming 23 years as India celebrates a century of independence. Will celebrate. This is in line with the government's motto of "Sabka Saath, Sabka Vikas", including the poor, youth, Annadata and women (GYAN) in the budget. This budget worked to bring sustainable economic growth and fiscal consolidation. Despite inheriting a broken economy with high non-performing assets and a depressed corporate sector, the Modi government has pursued a targeted three-pronged policy of encouraging public investment, gradually increasing capital expenditure outlays and providing targeted public services. Positive fiscal consolidation has been achieved through As a result of these proactive measures, the fiscal deficit is estimated to be reduced to 5.1% of GDP, from 5.9% in the previous fiscal year. This puts the country in a position to complete fiscal consolidation by FY 2025-26, with the fiscal deficit expected to be below 4.5% of GDP. To highlight the Modi government's efforts to transform India from a fragile pre-2014 economy to a world leader in economic management, the government will table a white paper before Parliament to draw lessons from past periods of mismanagement. In line with the long-term development vision, the budget for expenditure on critical projects for the financial year 2024-25 has been increased to ₹ 11,11,111 crore, which is 3.4% of the country's GDP. Spending on critical projects has been increased four times, and this increase is expected to have a positive impact of about 2.45 times on all sectors of the economy, including infrastructure and social development. The Modi government has created strong infrastructure on a large scale to enhance the economic growth of the country. A notable example of which is to increase the number of airports, to increase safety and convenience for the middle class, 40,000 general rail coaches will be converted to the standards of Vande Bharat train and railway corridors have also been proposed. MP Patel addressed the Prime Minister. Thanking Narendra Modi and Finance Minister Nirmala Sitharaman, he said that they have fulfilled this important demand of Nimar region.