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'Budget creates political direction for aspirational India': Arun Jaitley
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India, July 6 -- Former finance minister Arun Jaitley on Saturday said the budget has created a political direction for an "aspirational India" and it ensures that economically weaker sections get the basic amenities of life.
Besides the income-tax exemption limit having been increased to Rs 5 lakh in the interim Budget a few months ago, several sectors of interest to the middle class and the neo-middle class have been incentivised, he said in his Facebook blog, 'The Budget 2019-20'. Finance minister Nirmala Sitharam presented the first budget of the second term of the Modi government on Friday.
Jaitley said the budget incentivises affordable housing and electric vehicles. "Massive infrastructure creation also has the ability to generat...
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