Naidu terms new measures announced by PM as part of vision to provide relief to vulnerable sections

Image
ANI New Delhi [India]
Last Updated : Jan 01 2017 | 3:28 PM IST

Information and Broadcasting Minister M. Venkaiah Naidu on Sunday said the new measures announced by Prime Minister Narendra Modi are part of the BJP-led government's vision to empower the vulnerable sections.

"All these years they (opposition) have been shedding crocodile tears about the sufferings of the poor, now that the Prime Minister made the announcement, they could not digest the fact. The Congress is questioning the timing of the announcement as they are not able to bring any fault with the announcement," Naidu told the media here.

"Every segment has been taken care of, the poor, middle class, senior citizens, women, farmer, small and medium entrepreneurs," Naidu said.

Naidu also lauded the Prime Minister for reducing interest rate on housing.

"A big boost to housing sector and big boon to the poor and middle class," he added.

The Prime Minister yesterday announced two housing schemes, tax incentives for small traders, interest rebate for farmers and monetary assistance for pregnant women.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 01 2017 | 3:19 PM IST

Next Story