Guwahati: In a press briefing on Saturday, M Asnikumar Singh, Spokesperson of BJP, Manipur Pradesh, provided insights into the recent Union interim budget 2024 and the white paper on the Indian economy.
Reflecting on the state of the economy in 2014, when the BJP-led National Democratic Alliance (NDA) government took charge in the Centre, Singh acknowledged the challenges posed by corruption, mismanagement and financial issues.
The emphasis was on instilling hope and attracting investments to overcome these challenges. The spokesperson highlighted the policy paralysis and project Dldelays faced by the previous United Progressive Alliance (UPA) government, citing instances of corruption that shook public confidence.
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Shifting the focus to the achievements since 2014, Singh pointed out advancements in digital innovation, public health improvements and diversification of exports.
“The government’s commitment to undoing past damage and making India a strong player in the global economy was emphasised, evidenced by India’s transformation from fragility to one of the top performers. Key achievements included record foreign exchange reserves exceeding USD 620 billion and robust infrastructure and defence measures for national security,” Singh said.
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The spokesperson underscored the government’s commitment to inclusive policies, emphasising “sabka sath, sabka vikas.”
“Initiatives like start-up India and “Mudra Yojana” were highlighted to support entrepreneurship and provide accessible credit. Transparent fiscal reforms, including the introduction of the Goods and Services Tax (GST), were cited as pivotal steps in improving public finances,” Singh added.
The Union Budget 2024, according to Singh, places significant emphasis on the welfare of the poor, women, youth and farmers.
“Infrastructure, tourism, logistics and research innovation are targeted for sustainable economic growth, particularly in the eastern region. The government aims for fiscal responsibility, targeting a fiscal deficit of 4.5 per cent of Gross Domestic Product (GDP) by financial year 2026,” Singh said.
Expressing gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman, Singh conveyed confidence in BJP’s success in the upcoming Lok Sabha Election 2024.
The spokesperson envisioned a third term for Prime Minister Modi, steering the nation towards development, progress and superpower status.