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Modi hails budget as progressive, positive

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  1 March 2015 12:00 AM GMT

New Delhi, February 28: Terming the 2015-2016 union budget "progressive, positive, practical, pragmatic and prudent", Prime Minister rendra Modi on Saturday said it has a distinct focus on farmers, youth, poor, neo-middle class and 'aam grik' (common man). The budget delivers on growth, equity and job creation, Modi said. It was investment-friendly, removes all doubts on tax issues and also assures investors that "we have a stable, predictable and fair tax system", he said. The details of the black money law being introduced demonstrates the NDA government's firm commitment to bring back every rupee stashed abroad, he said. Congratulating Fince Minister Arun Jaitley for an "excellent job" in presenting it, Modi said the budget reflected the government's commitment to ensure development of the eastern and the northeastern parts of the country.


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