Budget roadmap for developed India, focuses on infra, industry: PM Modi

Prime Minister Narendra Modi on Wednesday hailed the Union Budget as a blueprint for India’s future, with a focus on infrastructure, industry, and investment.

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In his virtual address at the post-Budget webinar on employment generation, the PM emphasised equal priority had been given to people, the economy and innovation.

“The vision of ‘investment in people’ rests on three key pillars: education, skill development, and healthcare. This budget reflects the roadmap for a developed India, where infrastructure and industries are prioritised alongside the people and economy,” the PM said.

Highlighting the Centre’s focus on education, PM Modi stated that India’s education system is undergoing a significant transformation. He pointed to the National Education Policy, the expansion of IITs, the integration of technology, the use of AI, digitisation of textbooks, and making study materials available in 22 Indian languages.

The PM also mentioned several initiatives to promote start-ups, including Rs 1 lakh crore corpus fund to support research and innovation. Additionally, he noted that over 3 crore youth have received skill training since 2014, with plans to upgrade 1,000 ITI institutes and create five Centers of Excellence.

To boost the healthcare sector, PM Modi highlighted the addition of 10,000 new medical seats in this Budget, with a goal of 75,000 additional seats over the next five years.

He said the government is also focusing on tourism development, with 50 destinations set to be developed, and infrastructure status granted to hotels in these locations to boost local employment and tourism.

The PM also outlined plans to establish a National Large Language Model for AI development, urging the private sector to stay ahead in this field, as the world sought reliable solutions from India.