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| Budget 2022-23 will strengthen economy: Langeh | | | Early Times Report
JAMMU, Feb 3: Neelam Langeh, former MLA and senior BJP leader today welcomed the Union Budget presented by the Finance Minister Nirmala Sitharaman and said it will be far reaching in its implications on strengthening of the economy.
In a statement issued here, Langeh said the Budget will lead to generation of employment in the country. "This Budget will create employment. The PLI scheme will create 60 lakh new jobs, the capital expenditure of Rs. 7.5 lakh crore for the year, it is the highest ever in the history. It will also generate employment," he said.
The senior BJP leader said the Union Budget will provide the long-run impetus for growth providing big technology push along with a focus on infrastructure, which will help boost consumption across multiple sectors. "Urban infrastructure development and completion of 80 Lakh affordable houses under PM Awas Yojana in 22-23 will help entry-level appliances over the next 2 - 3 years. An increase in capital expenditure should also aid growth by driving up investments. Moreover, continued focus on PLI will help generate employment and boost the indigenous manufacturing ecosystem, he added.
Neelam Langeh said that the Budget has laid special allocation for farmers to leverage digital and hi-tech services, including use of Kisan drones and comprehensive package in horticulture sector. Farmers will be greatly benefitted through these programmes, he added.
The former MLA added that the budget's emphasis on skill development of the youth was commendable. He applauded the plan to create digital ecosystem for skilling and livelihood, digital university and digital courses in it. "I am sure the youth of the Jammu and Kashmir will leverage such opportunities to upskill and train themselves," he added.
Langeh also welcomed the commitment to infrastructure development through initiatives such as unified logistics interface platform - ULIP, National Ropeways Development programme, and most importantly, the expansion of National Highways network.
Langeh also said that he was overwhelmed by the commitment of the Government of India for inclusive development through financial inclusion of farmers, and senior citizens in rural areas through multiple initiatives such as linking of post offices, digital banking. |
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