Finance Minister Unveils Visionary Budget; welfare for poor, women, youth and farmers

Finance Minister Nirmala Sitharaman emphasized that meeting the needs and fulfilling the aspirations of four key groups – the poor, women, the youth, and farmers – is the government’s top priority. Presenting the interim budget for 2024-25, she highlighted the government’s commitment to an all-encompassing and inclusive development approach, aiming to make India ‘Viksit Bharat’ by 2047. The overarching goal is to enhance people’s capabilities and empower them for a more prosperous future.

The Finance Minister stressed the significance of focusing on four major groups or “castes” – the poor, women, youth, and farmers. These include the “garib” (poor), “mahilayen” (women), “yuva” (youth), and “annadata” (farmers). She declared that their needs, aspirations, and welfare stand as the government’s highest priority. According to her, the country progresses when these groups progress, and their empowerment and well-being are vital for driving the nation forward.

In her pre-election budget speech, Sitharaman acknowledged that, in the past, social justice was often a mere political slogan. However, she asserted that for the current government, social justice is an effective and necessary governance model. She emphasized a saturation approach that covers all eligible individuals as the true achievement of social justice. This approach, she explained, ensures transparency, reduces corruption, prevents nepotism, and guarantees that benefits reach all eligible citizens.

The Finance Minister highlighted the government’s commitment to fair resource distribution, ensuring that everyone, regardless of social standing, has access to opportunities. This approach addresses systemic inequalities that had plagued society, focusing on outcomes rather than mere financial outlays. The emphasis is on achieving socio-economic transformation and creating a more equitable and just society.

To achieve the goal of ‘Viksit Bharat’ by 2047, Sitharaman outlined the government’s strategy of improving people’s capabilities and empowering them. This approach involves providing support to the four major groups – the poor, women, youth, and farmers – in their pursuit of a better life. The Finance Minister stressed that their progress is integral to the nation’s overall development.

Sitharaman’s budget speech underscored the government’s commitment to social justice as a governance model. She highlighted the importance of a saturation approach that ensures the inclusion of all eligible individuals, promoting transparency, and preventing corruption and nepotism. The Finance Minister also emphasized the focus on outcomes, systemic transformation, and addressing societal inequalities.

In her budget presentation, Sitharaman acknowledged that the country’s progress is closely tied to the progress of the four major groups. By prioritizing the needs and aspirations of the poor, women, youth, and farmers, the government aims to drive the nation forward. The Finance Minister emphasized the holistic nature of development, covering all castes and people at various levels.

The government’s commitment to making India ‘Viksit Bharat’ by 2047 reflects a long-term vision for the country’s growth. Sitharaman highlighted the importance of empowerment and well-being for the four major groups, emphasizing their role in propelling the nation towards the envisioned development. The Finance Minister’s focus on outcomes, systemic transformation, and addressing societal inequalities showcases a comprehensive and strategic approach to governance.

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