Budget balanced and in national interest: Anil Modi

Mail News Service

Jamshedpur, July 5: District BJP general secretary Anil Modi opined that Budget 2019 presented in the Lok Sabha today was balanced and in national interest. �This is a development oriented budget that has kept in mind all economic classes and communities of people,� Modi said.

The BJP district general secretary pointed out that a huge economic relief for the middle class in the form of IT relaxation limit being increased to Rs 3.5 lakh on home loans of Rs 45 lakh. Another factor that Anil Modi pointed out was the announcement of pension for business persons whose turnover was below Rs 1.50 crore. He further stated, �The �One nation one grid� programme would ensure balanced power supply throughout the country. In addition, Rs One crore loan disbursement in 59 minutes to MSME units is promising.�

Modi was also appreciative of the provisions made for women in the union budget. �The benefits allocated for women SHGs will enhance the economic status of women by opening up doors to independent income earning ways. This budget is visionary aimed at strengthening national economy,� he averred.