Union finance minister Nirmala Sitharaman on July 23 presented the annual budget in the Lok Sabha with a focus on Viksit Bharat (developed India) and announced the major priorities for it. She said the people have given a unique opportunity to the BJP-led NDA government to take the country on the path of strong development and all-round prosperity. “In the interim budget, we promised to present a detailed roadmap for our pursuit of ‘Viksit Bharat’.
In line with the strategy set out in the interim budget, this budget envisaged sustained efforts on nine priorities for generating ample opportunities for all,” said the finance minister. Here's the list of priorities set by Centre for Viksit Bharat Urban development: Government has encouraged states to lower stamp duties for properties purchased by women. It also announced Transit Oriented Development plans for 14 large cities with a population above 30 lakh and promote water supply, sewage treatment and solid waste management projects and services for 100 large cities through bankable projects.
The finance minister said that needs of one crore urban poor and middle-class families will be addressed with an investment of ₹ 10 lakh crore. Infrastructure: The government said it has set the provision of ₹ 11.11 lakh crore for infrastructure (3.
4% of GDP), ₹ 1.5 lakh crore to states as long term interest free loans to support resource allocation. Meanwhile, phase four of Pradhan Mantri Gram Sadak Yojana (PMGSY) will be la.