BJP Manifesto 2024 | Key Focus In Technology In Business | Nirmala Sitharaman | Lok Sabha Elections

Le today uh but what caught my attention was uh a sentence that you put in there we are committed to launch an exercise to completely revamp our economic and Commercial legislations to suit our economic needs it almost looks like you have your July budget plan in place uh what are these new legislations that we are looking forward to um you know from the point of view of businesses feeling that our uh uh compliances are very complicated whether it is the direct uh income tax uh uh direct taxation or whether it is the corporate uh uh Ministry Ministry of corporate Affairs and their uh you know various requirements or other uh you know msme related uh laws in general and also the way in which many of the uh codes have been functioning we have been periodically looking over uh looking at them and making sure that little by little we are able to eliminate certain Provisions which are becoming cumbersome those have been happening between 14 and 19 in uh small elements and post 2020 we have been doing it in a lot more uh bulky fashion but uh the idea is that eventually doing business in India or doing your own compliance in terms of a Citizens requirement for taxation or any other uh you know compliance there should be ease there should be Simplicity there should be a very straightforward way of doing it and that is what we are aiming incremental changes did improve the business environment but we recognize that there is a scope and a need to actually make it simpler even more well nalaar Raman you also talk about Capital using digital India uh infrastructure uh simplification of laws and GST portals uh but you also talk about the fact that uh you're going to increase you're also going to increase the value under mudra loans from 20 lakhs to about 40 lakhs each now uh is this is this something that addresses the problem of the msme sector and therefore employment which is the big elephant in the room um whether it is aimed at employment or not it is certainly aimed at helping the msmes and the small ticket loan Seekers the small ticket loan Seekers are the people who cannot give collaterals at all we had EX extended a lot of help for them their businesses are in in a sense and I'm not directly saying this but in a sense their businesses are the ones which provide the collateral for themselves because as the business flourishes their uh Power their credit worthiness in improves so we have recognized that and uh have extended this so that there's more liquidity in their hand to plan for their business expansion or even to update and modernize or bring technology into bu businesses so it this is at a very lower label so it is not as if this government is only understanding the needs for bringing technology and getting into industry 4.0 but we want also the benefit of let us say the onc one nation digital Commerce that portal to be better used it is free it is for people to use it and expand but for that that do they have the where withth all do they have the necessary uh endorsments do they have the necessary technological firmness in the ground so for keeping all this in priority we have announced this Nala siaran Rahul Gandhi has said uh at a rally that their one lakh rupee scheme uh will bring money into a personal accounts of poor people katakat katakat katakat uh Tas yadav says uh uh that uh scheme of the congress party will remove poverty and he says you have not addressed poverty alleviation or inflation Wars of the common people to kakat scheme Gandhi uh navika I think people have seen what Prime Minister Modi has done for REM removal of poverty and for literally uplifting people from the bottom of the rung to some level Which is higher so that they are better off I would want to first of all remind the voters and the people of India that for a party which has been speaking for seven decades about gbi G contr GR espcially so account in account say savings balance in the account 250,000 balance in the account 250,000 cres cross multidimensional 2 extreme surance oh elector B parties election or political party activities funding well Nala Raman is this SRA your Manifesto that will take you Charo par because that really will be the test of time many people say that it is old wine uh in new bottles uh no new promises uh UCC no detailed implementation plan uh you haven't said anything about uh P when it will be ours uh no mention of NRC no mention of Kashi Maura uh so so are you silent on all of these issues uh uh which uh you know an implementation was expected for or road map first of all everything that which Prime Minister Modi fulfilled from the last two manifestos has been very well explained and over and above that in order to take India forward and towards 2047 viasit bat the sankalp Patra has so much to pick on so much to question us on so much to ask us as to how we are going to impl people are now looking for that which is not there because they have no comments to make on those which are there in it because they can see that the words given there are those which will definitely be fulfilled and therefore all right we can't criticize them on that let's pick out things which are not there in it I would want them to spend more time on our Manifesto pick up issues and tell us whether we will be able to implement or not and we are here to discuss it with them well on that note thank you very much uh Union Finance Minister nirmala sitaraman for joining me here on times now

Channel: ET NOW

Views: 1,971

Keywords: pm modi, bjp, bjp manifesto, bjp election manifesto, bjp election 2024 manifesto, pm modi speech, pm modi on bjp manifesto, pm modi speech on bjp manifesto, pm modi on bjp sankalp patra, pm modi speech on sankalp patra, pm modi bjp manifesto, bjp manifesto pm modi, pm modi latest speech, pm modi on bjp election manifesto, pm modi election manifesto speech, bjp sankalp patra, bjp election 2024 sankalp patra, et now, nirmala sitharaman, fm on bjp manifesto

Id: bBUQe0vW75I

Length: 12min 10sec (730 seconds)

Published: Sun Apr 14 2024