New Delhi (Sputnik): Presenting its interim budget just before the polls scheduled for April-May this year, the Indian government today announced a slew of measures promising to bring succour to the country's farmers, middle class and workforce.
The announcements made by the Narendra Modi-led government includes a waiver of taxes on personal income up to Indian rupees 500,000 ($7,000), an incentive of Indian rupees 6,000 ($85) per annum for farmers with less than two hectares of land and a mega pension scheme for the unorganised sector workers.
— MyGovIndia (@mygovindia) February 1, 2019
— TIMES NOW (@TimesNow) February 1, 2019
The Budget is unquestionably Pro-Growth, Fiscally prudent, Pro-Farmer, Pro-Poor and strengthens the purchasing power of the Indian Middle Class.
— Arun Jaitley (@arunjaitley) February 1, 2019
Opposition parties led by Congress have opposed the move on the grounds of propriety.
Important clarification: the tax rebate announced by the Finance Minister is only a proposal right now, it can’t be passed until the July budget under whichever government comes to power.
— Nidhi Razdan (@Nidhi) February 1, 2019