NITI Aayog's former CEO Amitabh Kant has hailed the Union Budget 2025 as one of the most progressive and forward-looking financial plans, asserting that it lays the foundation for India's sustained economic growth at 8-9 per cent over the next three decades.
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Emphasized that the budget aligns with India's ambition Kant said, «And to my mind, this is also a budget for sustained growth at 8 to 9 per cent for a three-decade period so to enable India to go from a USD 4 trillion to a USD 30 trillion economy and to enhance its GDP nine times per capita income eight times.»
Kant highlighted that while the budget provides substantial relief to the middle class, its actual impact will be clearer once the Income Tax Bill is implemented.
«Class is something that need not be celebrated right now. After the Income Tax Bill comes in, we can evaluate whether it is actually beneficial for the class or not,» he stated.
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