The whole world is watching India’s budget with hope: PM Modi

The Prime Minister, Narendra Modi addressing the media, at the Parliament House, on the first day of the Budget Session, in New Delhi on January 31, 2023. Photo credit: Shiv Kumar Pushpkar

On the eve of the presentation of the Union Budget, Prime Minister Narendra Modi flagged the shaky global economic outlook and said that India’s budget will try to fulfill the hopes and aspirations of the common citizens and the whole world is watching it with hope. Is.

PM Modi was making his traditional remarks at the start of the parliamentary session, which began with President Draupadi Murmu’s address to the joint houses of Parliament.

“Amidst the volatile global economic situation, India’s budget will strive to meet the hopes and aspirations of common citizens, intensifying the ray of hope the world is seeing – for this, I firmly believe that Finance Minister Nirmala Sitharaman will make all efforts to fulfill those aspirations,” PM Modi said while addressing the media.

He cited “credible voices” from the “world of economics” and said these had brought positive views ahead of the session, perhaps a reference to International Monetary Fund (IMF) deputy managing director Gita Gopinath’s tweet that India was the fastest growing country in the world. To remain a developing country. Big economy in 2023 and 2024.

He also said that President Murmu’s first address in the joint sitting of both the Houses of the Parliament regarding the Constitution of India, it is a matter of pride for women empowerment that a daughter from the tribal community of India is making her way to the top.

He also said that Ms Sitharaman, another woman as finance minister, will again present the budget, another strike regarding women empowerment.

“Our finance minister is also a woman. She will present another budget to the nation tomorrow. In today’s global situation, not only India, the whole world is looking towards India’s budget: PM Modi

The first part of the budget session, which began on January 31, will conclude on February 13. Parliament will resume on March 12 for the second part of the session and conclude on April 6.

Finance Minister Nirmala Sitharaman will present the last full Union Budget of the Modi government before the 2024 Lok Sabha elections on February 1. The Economic Survey will be presented after the President’s address on January 31.

The first part of the budget session of Parliament will continue till February 10. Parliament will resume on March 12 and run till April 6.