Rajnath, Fadnavis hail 'self-reliant' Union Budget 2022

Defence Minister Rajnath Singh on Tuesday described as an excellent move the proposal in the Union Budget to set aside 25 per cent of the defence RampD budget for startups and private entities in the financial year 202223Singh also welcomed Finance Minister Nirmala Sitharamans announcement that 68 per cent of the defence capital procurement budget would be allocated towards procurement from domestic industryThe 68 percent of defence capital procurement budget has been allocated towards local procurement It is in line with the Vocal for Local push and it will certainly boost the domestic defence industries Singh tweetedHe said substantial amounts have been allocated towards research and development in several sectors including defenceSubstantial amounts have been allocated towards Research and Development in several sectors including Defence The proposal to reserve 25 percent of the RampD Budget for Startups and Private entities is an excellent movemdash Rajnath Singh rajnathsingh February 1 2022The proposal to reserve 25 percent of the RampD Budget for Startups and Private entities is an excellent move the defence minister saidIn her budget speech in Parliament Sitharaman said the government is committed to reducing imports and promoting selfreliance in equipment for the armed forcesSixtyeight per cent of the capital procurement budget will be earmarked for domestic industry in 202223 up from 58 per cent in 202122 she saidThe finance minister said defence research and development will be opened up for industry startups and academia with 25 per cent of the defence RampD budget earmarked for itPrivate industry will be encouraged to take up design and development of military platforms and equipment in collaboration with DRDO and other organisations through SPV special purpose vehicle model she saidSitharaman said an independent nodal umbrella body will be set up for meeting wideranging testing and certification requirementsCongratulations to Finance Minister Smt nsitharaman on presenting an excellent Union Budget for 202223 It is a Budget which would give fillip to Make in India boost demand and build capacities for a stronger prosperous and confident India Singh saidHe said the budget outlines the governments focus on Atamnirbharata and Prime Minister Narendra Modis vision for development and pro people reformsCongratulations to Finance Minister Smt nsitharaman on presenting an excellent Union Budget for 202223 It is a Budget which would give fillip to lsquoMake in Indiarsquo boost demand and build capacities for a stronger prosperous and confident India AatmanirbharBharatKaBudgetmdash Rajnath Singh rajnathsingh February 1 2022It is a growth oriented Budget focused on harnessing the energies of New India Singh saidUnion Home Minister Amit Shah BJP president JP Nadda also welcomed the union budgetThe development of the Northeastern region has always been the top priority of the Modi govt The announcement of the lsquoPM Development Initiativersquo for the Northeast will go a long way in realising PM Modirsquos vision of a prosperous northeast AatmanirbharBharatKaBudgetmdash Amit Shah AmitShah February 1 2022 narendramodi nsitharaman mdash Jagat Prakash Nadda JPNadda February 1 2022Union Law Minister Kiren Rijiju also congratulated Nirmala Sitharamans for her budget Other Union ministers also applauded the budget and praised Finance Minister and PM Narendra ModiPM narendramodi jirsquos principle of maximum governance minimum government is further strengthened through application of litigation managementI congratulate FM nsitharaman ji for sharing a roadmap for Trust based Governance in IndiaAtmaNirbharBharatKaBudget pictwittercomqI6akuuC3Fmdash Kiren Rijiju KirenRijiju February 1 2022 narendramodi nsitharaman 130 AtmaNirbharBharatKaBudgetmdash Nitin Gadkari nitin_gadkari February 1 2022 AtmaNirbharBharatKaBudget UnionBudget2022mdash Nitin Gadkari nitin_gadkari February 1 2022 AatmanirbharBharatKaBudget UnionBudget2022mdash Nitin Gadkari nitin_gadkari February 1 2022 More Infrastructure More Investment More Growth More Jobs Green Jobs narendramodi AatmanirbharBharatKaBudget Budget2022mdash Office of Mr Anurag Thakur Anurag_Office February 1 2022Congratulations to PM narendramodi Ji amp FM nsitharaman Ji for a futuristic AatmaNirbharBharatKaBudget laying the blueprint for Indiarsquos Amrit Kaal Emphasis on multimodal infra amp newer avenues for investment will position India at the center of the emerging global economymdash Smriti Z Irani smritiirani February 1 2022Maharashtra BJP leader Devendra Fadnavis on Tuesday said the Union budget aims to make India atmanirbhar selfreliant and balashali strong Speaking to reporters in Goa Fadanavis said the budget presented by Union Finance Minister Nirmala Sitharaman was all inclusive and was taking the country towards progressldquoThe budget has touched all sectors in the country It is an allinclusive budget taking the country towards progress What is most important is that even after the Covid19 pandemic the budget projects 92 per cent growthrdquo the BJP leader saidldquoIn the real sense the budget aims at making India lsquoatmanirbharrsquo selfreliant and lsquobalashalirsquo strong with the focus on futurerdquo he saidLiterally the AatmanirbharBharatKaBudget This AatmanirbharBharatKaBudget will play a significant role in shaping our Bharat to become more Aatmanirbhar self reliant amp strongerWe thank Hon PM narendramodi ji amp Hon FM nsitharaman ji for this futuristic Budget2022 mdash Devendra Fadnavis Dev_Fadnavis February 1 2022The BJP leader further said that the most important highlight of the budget is investment to the tune of Rs 75 lakh crore in the infrastructure sector which is 35 per cent more than the last fiscalInvestment in infrastructure results in employment generation as it helps 27 sectoral industries said Fadnavis who is the Goa incharge of the upcoming Assembly pollsWith inputs from PTI