Bandi Sanjay Kumar Praises Union Budget as Historic for Middle Class
Karimnagar: Union Minister of State for Home Affairs, Bandi Sanjay Kumar, expressed his strong approval of the recently announced Union Budget, calling it exceptional and particularly beneficial for various segments of society.
According to Kumar, the budget presents remarkable opportunities for the poor, middle class, farmers, small traders, and young entrepreneurs. One of the standout features of this budget is the introduction of tax exemptions for employees with annual incomes up to ₹12 lakh. Kumar referred to this move as revolutionary, explaining that it could save employees up to ₹80,000 a year.
Bandi Sanjay went on to state, “The budget is the most pro-middle class in the past 75 years. No government has ever offered such favorable conditions to the middle class.” This sentiment highlights the ambitious scope of the budget designed to uplift critical segments of the Indian population.
The budget also emphasizes substantial support for farmers, especially in Telangana. Over 50 lakh farmers in the region are expected to benefit from loans of up to ₹5 lakh. Kumar has encouraged farmers to apply for Kisan Credit Cards to access these financial resources effectively.
Moreover, Bandi Sanjay highlighted the government’s visionary plan to transform India into the world’s third-largest economy by the year 2027, following the United States and China. This ambitious economic projection reflects the optimistic outlook regarding India’s growth trajectory.
In his address, Kumar praised Prime Minister Narendra Modi’s relentless focus on welfare initiatives, characterizing the budget as a ‘welfare budget for the people.’ He extended his gratitude to both the Prime Minister and the Finance Minister for their efforts in crafting this comprehensive budget.
Furthermore, Bandi Sanjay urged members of the opposition to refrain from unnecessary criticism of the budget. He called upon the Telangana state government to collaborate with the central government to ensure that the provisions of the budget are implemented successfully for the benefit of the populace.
budget, middle-class, farmers