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BJP hails budget

chandigarh Updated: Jul 10, 2014 20:20 IST
Hindustan Times
prem kumar dhumal

Former chief minister Prem Kumar Dhumal on Thursday hailed the first budget of the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government.

Dhumal said that finance minister Arun Jaitley had presented a comprehensive and development-centric budget. “Jaitley has taken care of all sections of society, including farmers, labour class, students, women, senior citizens and industrialists,” said Dhumal in a press statement issued here. “It is the starting of good days,” added he.

Dhumal said that income tax limit had been raised by `50, 000 from `2 lakh to `2.5 lakh and provident fund limit from `1 lakh to `1.5 lakh. “All these announcements will provide benefit to common man of the society,” said he.

Dhumal also appreciated the announcement of Indian Institute of Management (IIM) for the state. He said,

“This is will benefit the youth who had to move out of the state to get higher education in management earlier,” added Dhumal.

Welcoming the proposal for setting up first war memorial and police memorial in the country, he said that the move would be the tribute to martyrs of the state. He also hailed the allocation of `1000 crore for one rank one pension scheme. “Fund allocation to one rank one pension will help remove the anomalies in this scheme,” added Dhumal.

This was for the first time that government had been talking about the modernisation of police. “For modernisation of police, an allocation of `3000 has been made which will help strengthen the internal security of the country,” said Dhumal.

Heaping praises over the announcements in the budget, Dhumal said government had made provision to boost the manufacturing sector in the country. It would not only provide a better environment to the industrialists but also generate more jobs for the youth, added Dhumal.

Meanwhile, the Bharatiya Janata party (BJP) on Thursday hailed the debut budget of Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government by terming it as 'fabulous'.

BJP state president Satpal Singh Satti in a press statement issued here said that it was for the first time when any finance minister tried to solve the problems of the country. “All sections of society have found significant mention in the budget,” said Satti. He also hailed the announcement of the Indian Institute of Management (IIM) for the state.