Finance Minister Nirmala Sitharaman presented an interim budget highlighting the profound transmission of the Indian economy in the last 10 years and committing the government’s move towards “Viksit Bharat by 2047.” Our government is working with the aim of all-round, all-pervasive, and all-inclusive development.
Providing rooftop solarization to one crore households is a noteworthy move that will enable us to obtain up to 300 units of free electricity every month, which will help to save up to fifteen to eighteen thousand rupees annually for households from free solar electricity and sell the surplus to the distribution companies.
Eighty-three lakh SHGs with nine crore women are transforming the rural socio-economic landscape with empowerment and self-reliance. Their success has assisted nearly one crore women to become Lakhpati Didi already. Buoyed by the success, it has been decided to enhance the target for ‘Lakhpati Didi’ from 2 crore to 3 crore.
Another praiseworthy move by our government is to encourage vaccination for girls in the age group of 9 to 14 years for the prevention of cervical cancer. Innovation is the foundation of development. For our tech-savvy youth, this will be a golden era. A corpus of Rs. 1 lakh crore will be established with a fifty-year interest-free loan.
The government proposes to withdraw tax demands of up to Rs 25000 up to 2009–10 and Rs. 10000 for FY 2010–2014, which will benefit 1 crore taxpayers. This is a welcome step, as litigation cases involving 1 crore taxpayers will be resolved by this move.