Punjab Newsline, Chandigarh, February 2-
Haryana cabinet minister Krishan Lal Panwar, described the Union Budget for the financial year 2025-26 presented by Union FM Nirmala Sitharaman, as highly beneficial for all sections of society. He emphasized that the budget prioritizes the poor, youth, farmers, and women. Additionally, he highlighted the significant relief for salaried middle class, as those earning up to Rs. 12 lakh would be exempted from income tax.
Panwar said that the Union budget under the leadership of Prime Minister, Sh. Narendra Modi is presented for the third consecutive term focusing on public welfare, accelerating development, and enhancing the financial stability of the middle class. The extension of the ‘Har Ghar Nal Se Jal’ scheme until 2028, term loans of up to Rs. 2 crore for women entrepreneurs, and an increase in the credit card limit for farmers from Rs. 3 lakh to Rs. 5 lakh shows the government’s commitment to supporting all sections of society.
The Minister stated that the establishment of a Centre of Excellence (CoE) in Artificial Intelligence (AI) for education, with an allocation of Rs. 500 crore, will be a significant milestone for modern education.