In New Delhi, BJP MP Ravi Shankar Prasad commended Prime Minister Narendra Modi for his "historic" and "comprehensive" speech. Prasad highlighted Modi's dedication to advancing the nation, noting his long tenure as Gujarat's Chief Minister and India's Prime Minister. He criticized the opposition for not acknowledging Modi's achievements.
Prasad emphasized the success of India's foreign policy under Modi, urging the opposition to recognize the country's progress. Meanwhile, BJP MP Ravi Kishan predicted that the opposition would remain in their position until 2047.
During his address, PM Modi spoke about the government's efforts to alleviate the financial burden on the middle class by reducing income tax since 2014. He mentioned the removal of 10 crore fake beneficiaries to ensure welfare schemes reach those in need, and the use of funds from the Swachh Bharat Mission to build the nation.
Modi also criticized other parties for misleading the youth with false promises, contrasting this with BJP's commitment to fulfilling promises, as demonstrated in Haryana. The new income tax regime exempts income up to Rs 12.75 lakh, a significant increase from the Rs 2 lakh exemption in 2013-14.
Ravi Shankar Prasad is a politician in India. He is a member of the Bharatiya Janata Party (BJP) and has served in various important roles in the government.
PM Modi refers to Narendra Modi, the Prime Minister of India. He is the leader of the Bharatiya Janata Party (BJP) and has been the Prime Minister since 2014.
A historic speech is a very important and memorable talk given by someone, often because it addresses significant issues or brings about change. In this context, it refers to a speech by PM Modi in the Indian Parliament.
BJP stands for Bharatiya Janata Party, which is one of the two major political parties in India. It is known for its nationalist policies and is currently the ruling party in India.
The middle class's tax burden refers to the amount of money that people in the middle-income group have to pay as taxes to the government. Reducing this burden means they have to pay less tax, which can help them save more money.
Fake beneficiaries are people who wrongly receive benefits from government welfare schemes. These people are not actually eligible for the benefits, and removing them helps ensure that only those who truly need help receive it.
Welfare schemes are programs run by the government to help people in need. These can include things like providing food, money, or healthcare to those who are poor or disadvantaged.
The new tax regime is a set of rules about how much tax people have to pay. In this context, it means that people earning up to Rs 12.75 lakh don't have to pay any income tax, which is more than what was allowed in 2013-14.
Rs 12.75 lakh is a way of saying 1,275,000 rupees, which is a large amount of money in India. It is used here to describe the income level up to which people don't have to pay income tax under the new rules.
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