Current AffairsIndia

Union Budget 2021-22 is to stabilize economy during the critical pandemic period : Tarun Chugh

Hyderabad: BJP National General Secretary and Telangana in-charge Tarun Chugh has said that the budget 2021-22 presented by Finance Minister Nirmala Sitharaman in Parliament recently is to stabilize the economy during the critical pandemic period.

Under the guidance of Prime Minister Narendra Modi, the Budget addresses the imperative of resetting priorities and identifies the emergence of opportunities by devoting an “all-inclusive budget” as a guide to “self- reliant India”, Mr Tarun said in his article which was released to the media here on Monday.

He said that the development of any nation depends on the transportation networks and the ways in which they are being maintained. The same holds true for the development of a huge and populous nation like India. One of the most crucial announcements was with regard to infrastructure development projects across various states and union territories.

For connecting the areas and maintaining smooth flow of traffic, the construction of new and developed roads are a must. The infrastructure projects are not just connectivity specific, like the proposed highway works and up-gradation of existing 675 Kms long Kolkata-Siliguri highway across the state of West Bengal, but are also employment opportunities generators.

Further, as the Union Territories receive 100 per cent funding from the Central government, long stalled projects are being revived and new welfare projects are being implemented. Also, the Union Budget has provisioned Rs 30,757 crore for Jammu and Kashmir, the highest among the Union Territories, he said.

The BJP leader said, the announcement of maiden gas pipeline in Jammu and Kashmir has further rekindled hopes for the revival of the project which due to paucity of funds and lack of administrative push showed no progress for a decade.

This gas pipeline project will create a base for increased beneficiary coverage under the Ujjwala Yojana as well as decrease carbon footprints by increasing utilisation of clean fuel for cooking purposes, Mr Chugh said.

This connectivity up-gradation also envisions the development of modern fishing harbours and fish landing centres along the banks of rivers and waterways.

The government has provisioned to develop 5 major fishing harbours – Kochi, Chennai, Visakhapatnam, Paradip, and Petuaghat –as hubs of economic activity, Mr Tarun said.

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