The Minister said that the Government stands committed to strengthen and expand the economy with high growth and to create conditions for people to realize their aspirations. Smt. Sitharaman quoted the Prime Minister from his Independence Day address to the nation, in the 75th year of our Republic, and said, “We commit ourselves to national development, with new inspirations, new consciousness, new resolutions, as the country opens up immense possibilities and opportunities”. She said that it is indeed our ‘Kartavya Kaal’.

She highlighted that every challenge of the pre-2014 era was overcome through economic management and good governance. The Minister said, “These have placed the country on a resolute path of sustained high growth.  This has been possible through our right policies, true intentions, and appropriate decisions.”

Smt. Sitharaman also said, “In the full budget in July, our Government will present a detailed roadmap for our pursuit of ‘Viksit Bharat’.”

Reforms in the States for ‘Viksit Bharat’

The Minister noted that many growth and development enabling reforms are needed in the states for realizing the vision of ‘Viksit Bharat’. In this regard, she announced seventy-five thousand crore rupees as fifty-year interest free loan to support those milestone-linked reforms by the State Governments. 

High-Powered Committee to consider challenges arising from fast population growth

Smt. Sitharaman stated that the Government will form a high-powered committee for an extensive consideration of the challenges arising from fast population growth and demographic changes. The committee will be mandated to make recommendations for addressing these challenges comprehensively in relation to the goal of ‘Viksit Bharat’, she added.