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Union Budget 2025: The Opposition has actually knocked the Budget 2025 for being Bihar- driven and neglecting essential concerns like MSP for farmers, while the BJP applauded it for prioritising well-being, framework, and financial development.
Union Budget 2025: Leaders respond to Nirmala Sitharaman’s statements (Photos: ANI/PTI)
Finance Minister Nirmala Sitharaman on Saturday provided her 8th straight Budget in the Lok Sabha and excused yearly revenue of approximately Rs 12 lakh from revenue tax obligation, as she rejigged tax obligation pieces as component of her reformist Budget.
Sitharaman likewise set out a plan for next-generation reforms consisting of increasing the FDI restriction in the insurance coverage industry, simplification of tax obligation regulations, and reducing tasks on middlemans while offering boosted monetary assistance for well-being actions.
On the monetary debt consolidation roadmap, Sitharaman predicted the monetary shortage to find to 4.4 percent of the GDP in the fiscal year 2025-26.
However, as Sitharaman started her Budget 2025 speech, the Parliament observed an outcry by the Opposition, with lots of requiring a conversation on the charge at the Maha Kumbh Mela today, in which 30 individuals passed away.
Many of the Opposition leaders likewise elevated mottos versus Prime Minister Narendra Modi’s federal government prior to several of them went out of the Parliament.
As the Finance Minister ended her spending plan speech, leaders of the National Democratic Alliance (NDA) hailed it and labelled it “growth-oriented”.
Here’s how Union Ministers praised the Union Budget 2025.
Home Minister Amit Shah: In an X post, Amit Shah wrote, “The middle class is always in PM Modi’s heart. Zero Income Tax till ₹12 Lakh Income. The proposed tax exemption will go a long way in enhancing the financial well-being of the middle class. Congratulations to all the beneficiaries on this occasion.”
Defence Minister Rajnath Singh: “ I praise theFinance Minister Mrs Nirmala Sitharaman, that has actually provided a fantastic spending plan in the direction of satisfying the willpower ofPrime Minister Mr Narendra Modi. This spending plan will certainly advertise the advancement of young people, bad, farmers, females along with all areas and areas of the culture. Keeping in mind the payment of the center course, this spending plan has actually brought an unmatched present. I completely invite the choice to offer revenue tax obligation alleviation on yearly revenue approximately Rs 12 lakh,” he wrote on X.
Union Minister Shivraj Singh Chouhan: “This budget is for the formation of self-reliant India. Priority has been given to the agriculture sector and farmers. Now, farmers can avail up to Rs 5 lakhs on a Kisan Credit Card. Many gifts have been given to the farmers,” he informed press reporters.
Union Minister Jyotiraditya Scindia: Commenting on the Union Budget 2025, Scindia claimed, “This spending plan is for Viksit Bharat and the PM’s willpower to satisfy the desire for a brand-new and energisedIndia A brand-new map has actually been attracted after having an appropriate research of every industry. It’s a composite spending plan that will certainly take India onward and not just make India autonomous however develop it as the Vishwaguru.”
UP Deputy CM Keshav Prasad Maurya: “The first Union Budget 2025-26 presented by Hon’ble Finance Minister Smt. Nirmala Sitharaman ji of the third term of the Modi government today under the leadership of Hon’ble Prime Minister Shri Narendra Modi is a budget that aims at welfare of the poor, employment to the youth, women empowerment and increase in the income of the farmers. This budget is dedicated to accelerating agricultural development and productivity, prosperity of the poor in villages, income tax exemption, promotion of Make in India, making women entrepreneurial, good health, MSME and innovation, infrastructure development,” he created on X.
BJP representative Sambit Patra: “There will certainly be no revenue tax obligation payable approximately a revenue of Rs 12 lakh. This restriction will certainly be Rs 12.75 lakh for employed taxpayers, with a typical reduction of Rs 75,000. The brand-new framework will significantly decrease the tax obligations of the center course, improving intake, financial savings and financial investment,” he wrote on X.
Union Transport Minister Nitin Gadkari: In an X post, Gadkari wrote, “A transformative blueprint for empowering farmers, the middle class, and MSMEs, paving the way for Viksit Bharat 2047. This progressive roadmap strengthens key sectors, ensuring inclusive growth through strategic investments and transformative policies.”
Union Minister Nityanand Rai: Speaking to press reporters, Rai claimed, “Bihar has actually likewise obtained concern and large tasks have actually been revealed for the state. This spending plan is for the well-being of bad, farmers and to aid the center course. It is such that it will certainly create employment possibility. The news of the Makahna Board was unique, and likewise for the tasks that were revealed for the area ofKoshi River I say thanks to Prime Minister Narendra Modi and the Finance Minister in support of individuals of Bihar.”
Bihar BJP chief Dilip Jaiswal: On being asked to comment on the Union Budget 2025, Jaiswal said, “Bihar has been taken care of in the budget. There is a discussion in the budget about starting an airport under the Udan scheme for Bihar, building a medical college and an expressway. Bihar has been taken great care of in the budget. The central government is helping in every way for the development of Bihar.”
BJP MP Ravi Kishan: Commenting on the Union Budget 2025, the BJP MP claimed, “A remarkable spending plan has actually existed for the bad, the center course and for everybody. I would love to praise PM Modi and Finance Minister Nirmala Sitharaman ji for offering a fantastic spending plan.”
Bihar Minister Mangal Pandey: “I want to thank PM Modi, Finance Minister Nirmala Sitharaman and Minister of Agriculture Shivraj Singh Chouhan on behalf of lakhs of farmers of Bihar who cultivate foxnuts. These farmers have been demanding the formation of a Makhana Board for a very long time, just like there is a Tea Board and Rubber Board. We requested the formation of this board when Shivraj Singh Chouhan came to Patna recently and today that dream of foxnut cultivating farmers has been fulfilled through the announcement by the Finance Minister during Union Budget 2025,” he claimed.
JD( U) MP Sanjay Kumar Jha: “The most significant news for Bihar is that it will certainly have a greenfield flight terminal. It is a significant news. A Makhana Board will certainly be developed, 85-90% of Makhana is grown in the Mithila location, Kosi location. Overall, these statements are extremely favorable forBihar Taxation alleviation approximately Rs 12 lakh is a significant alleviation,” he said.
Uttarakhand CM Pushkar Dhami: In an X post, the Chief Minister wrote, “A big gift for the middle class. Under the visionary and strong leadership of respected Prime Minister Narendra Modiji, an important decision has been taken to make the income of Rs 12 lakh tax-free under the Union Budget 2025-26, giving a big relief to the middle class.”
Former PM HD Devegowda: “She (Union Finance Minister) has actually taken a number of assets to offer advantage to different markets consisting of the center course, clinical industry. I invite this spending plan,” the Rajya Sabha MP said.
Union Minister Sukanta Majumdar: “This budget is a common man’s budget. It focuses on women, farmers and youth. Our government has made a provision to benefit 22 lakh employees of MSMEs. Zero customs duty has been imposed on 36 medicines that treat cancer and rare diseases. This is a very revolutionary step,” he claimed.
Union Minister Raksha Khadse: “The Prime Minister of our nation has actually attempted to bring females onward. Today, females in backwoods are ending up being autonomous and qualified. Through this spending plan, we will certainly see the fulfilment of the resolution of a created India by 2047, taken by PM Modi,” he said.
BJP Rajya Sabha MP Dinesh Sharma: “Today’s budget is a golden day for all the middle-class citizens. This has proved to be a boon for the middle-class income. There is no tax up to Rs 12 lakh. Our budgetary deficit is decreasing, this is a good thing,” he informed press reporters.
Here’s just how the Opposition responded to the Union Budget 2025.
Congress MP Manish Tewari: Speaking to the media complying with the spending plan statements, Manish Tewari claimed, “I stop working to comprehend if this a spending plan of the federal government of India or was this a spending plan of the federal government of Bihar? Have you listened to the name of an additional state than Bihar in the whole financial speech of the Union Finance Minister?”
Congress MP Shashi Tharoor: “I think frankly the applause you heard was for the middle-class tax cut. We look at the details and that may be a good thing. So if you have a salary you may be paying less tax. But the important question is what happens if we don’t have a salary? Where is the income going to come from? Unemployment was not mentioned by the Finance Minister.” he claimed.
Shiromani Akali Dal MP Harsimrat Kaur Badal: Slamming this year’s spending plan, Harsimrat Kaur Badal labelled it ‘anti-farmer’ and claimed, “Look at the names of the states– Bihar, which is mosting likely to political elections. Only Bihar, Bihar,Bihar There was no reference ofPunjab Farmers have actually been being in objection for the previous 4 years over the lawful assurance for MSP. What did they reveal for farmers?Makhana Board This was an anti-farmer spending plan. Farmers that are defending their legal rights were not listened to, this is depressing.”
Former Chhattisgarh CM leader Bhupesh Baghel: “The value of the rupee has fallen. So even if they have increased the difference, it’s not going to make much difference. There was nothing in the budget for the middle class, farmers, or the poor. There was nothing in the budget for infrastructure. It is an impractical budget,” he claimed while speaking to press reporters.
Congress MP Gaurav Gogoi: “This is the weakest spending plan in the last one decade. We desire a conversation on the Kumbh charge in Parliament,” he said.
AAP MP Sanjay Singh: “What benefit are small traders getting from this? You have not given any tax relief on their income of Rs 12 lakh. Arvind Kejriwal had demanded that if you decide that you will not waive the loans of industrialists, you will not waive the loans of your capitalist friends and you recover the loan of Rs 16 lakh crore that has been waived so far, then the GST rates and income tax rates in the country can be halved. The middle class of this country, the common man of this country can get a huge relief. But this was not done,” he claimed.
Congress MP Kiran Kumar Chamala: “In the spending plan, when we discuss the states which she has actually offered we have actually seen Bihar has actually offered a great deal of value whereas we are likewise looking onward states like Telangana that it needs to obtain a great deal of value. We will certainly see what was the overall deepness of it (spending plan). I reconsider it has actually obtained some political point there we can actually see there is a political schedule in today’s overall spending plan speech,” he said.
Samajwadi Party MP Dimple Yadav: “Nothing new was there in the budget. Samajwadi Party demands that the government give the details of all those devotees who lost their lives in Maha Kumbh. We demand the state govt to tell the reason behind the tragedy,” she claimed.
DMK MP Dayanidhi Maran: On the spending plan 2025, Maran claimed, “It’s a really unsatisfactory spending plan and appeared intended to charm the citizens for Delhi prior to the political elections. The Finance Minister has actually offered a huge exception stating that for Rs 12 lakh, there is no tax obligation. Then she takes place to state that there is a piece of 10% for Rs 8-12 lakh. So, it is extremely complicated. I believe the adversary remains in the information.”
