NDA Government's First Budget to Usher Historic Reforms: President Murmu

President Droupadi Murmu announced that the NDA government's upcoming budget will introduce historic reforms and policies to accelerate economic growth, highlighting achievements under Prime Minister Narendra Modi and the government's vision to make India the world's third largest economy.

In a landmark announcement, President Droupadi Murmu declared that the NDA government's forthcoming budget will introduce 'many historic steps' aimed at accelerating economic reforms and laying the groundwork for India's ambitious goal of becoming the world's third largest economy. Speaking at her first joint parliamentary address since the 18th Lok Sabha's formation, President Murmu emphasized the significant strides made under Prime Minister Narendra Modi's leadership.

The President outlined the government's economic vision, noting that a stable administration with a clear majority mandate is crucial for achieving developmental goals. She underscored the importance of the new budget, set for the fiscal year 2024-25, in delineating the government's priorities in taxation policy, infrastructure spending, and broader economic reforms.

Looking ahead, Murmu pointed to past achievements as a testament to the government's resolve to 'reform, perform, and transform.' From banking and GST reforms to significant growth in public sector profits, the President noted that India has maintained an impressive growth trajectory despite global crises. She expressed optimism that the upcoming budget will continue to build on this progress, addressing key sectors such as agriculture, manufacturing, and green industries while fostering competitive federalism among states.

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