look news india
The country's Union Finance Minister Nirmala Sitharaman said on Monday that the record of Union Budget expenditure has changed to equitable distribution in the 10 years of the government led by Prime Minister Narendra Modi. The Finance Minister emphasized that the government will continue to make good use of taxpayers' money.
Nirmala Sitharaman said the Modi government prioritises statistics and transparency in its budget process. Countries with transparent budgets are often viewed better by international investors such as the International Monetary Fund, the IMF and the World Bank. This can improve global confidence.
Budget different from the previous government
According to information given by Finance Minister Nirmala Sitharaman on social media forum X, this is completely different from the practice of repeatedly borrowing and hiding deficit like the Congress government. Fiscal practices have been changed regularly to make the UPA budget figures look favourable. The old practices of the last decade have been removed and the Union Budget has been made global.
good use of money
According to Union Finance Minister Nirmala Sitharaman, our government is changing the budget from just a record of expenditure to a strategic model of equitable development. We use every penny collected from our taxes wisely and appropriately. Presenting a transparent picture of public finances. She further said that the Modi government's budget is characterized by prudence, transparency and inclusiveness. Which determines investment in infrastructure along with social development.
Provision of Rs 5.01 lakh crore for upcoming schemes of the government
Union Finance Minister Nirmala Sitharaman said that the Central Government operates 108 central upcoming schemes of the state and union territory governments. Its budget for the financial year 2024-25 is about Rs 5.01 lakh crore. This budget for the financial year 2023-24 was Rs 4.76 lakh crore. The Union Minister further said that the government is committed to increasing transparency in access to cutting-edge technology and pursuing reforms to lay a strong foundation for a developed India. He said that we will continue to increase the value and impact of the hard-earned money of the doers.
