Sitharaman's budjet speech kept women MPs upbeat, enthusiastic throughout; opposition remained passive

Image
ANI Politics
Last Updated : Jul 05 2019 | 5:30 PM IST

Bowing before her parents sitting in the Speaker's gallery of Lok Sabha, Finance Minister Nirmala Sitharaman on Friday presented the historical budget that drew the highest applause from women on several occasions.

During the budget presentation, the government hardly faced any stiff opposition even during the announcement of additional cess of Rs one on petrol and diesel.

Sitharaman, who became the first full-time women Finance Minister to present budget, drew the loudest applause from members on announcement related to women with the Union Minister Smriti Irani taking the lead, who was sitting in the second row behind Union Home Minister Amit Shah.

"In order to further encourage women enterprise, the budget has a proposal to expand the Women Self Help Groups (SHG) interest subvention program to all districts. Every verified woman SHG member having a Jan Dhan Bank Account will be allowed an overdraft of Rs.5,000.

"One woman in every SHG will also be eligible for a loan of up to Rs. 1 lakh under the MUDRA Scheme. Seventy per cent of beneficiaries under MUDRA scheme are women," she announced amid applause and thumping of desks by the ruling party members especially the women members.

The women members were seen upbeat when Sitharaman hailed the role of women in the rural economy and said the Modi-led government was wishing to encourage and facilitate their role in the future.

"There is no segment of human life where the contribution of women is not significant. This government firmly believes that the socio-economic transformation that is taking place particularly in the last decade, Indian women's role and leadership is distinct," she said.

The Lok Sabha drew thunderous applause as the Finance Minister used the term "Nari tu Narayani" for women and said they not only turn out for votes in record numbers but also registered emphatic victory with 78 women candidates reaching to the Lok Sabha.

She drew applause even from DMK members for her rendition of Tamil couplets during her budget speech. DMK leaders Dayanidhi Maran, A Raja were among other MPs who were seen thumping their desks.

During her entire speech, the government did not face any protest from the opposition members. On two occasion Trinamool Congress's Saugata Roy was seen saying something but his voice could not be heard.

As Sithraman entered the Lok Sabha ahead of the budget presentation, most of the women MPs from BJP walked up to Sitharaman and wished for her first budget. As she took her seat, she stood within seconds and bowed before her parents. Besides Sitharaman's parents, her daughter Vangmayi was also present in the Speaker's gallery.

Sitharaman's budget speech saw full attendance not just in the House but also from the Rajya Sabha gallery, press gallery and the visitors' gallery.

The Rajya Sabha gallery was packed with Upper House members. Among those present were Deputy Chairman Harivansh, former minister K J Alphons, D. Raja, Kumar Ketkar, Vinay Sahasrabuddhe, Majeed Memon and Rajiv Chandrasekhar.

In the visitors' gallery, the presence of six persons wearing saffron dresses with turbans was the centre of attraction for all.

As Sitharaman concluded her budget speech Prime Minister Narendra Modi walked up to her and congratulated. Amit Shah, Nitin Gadkari, Rajnath Singh, Smriti Irani and several others too walked up to her to congratulate.

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: Jul 05 2019 | 5:12 PM IST

Next Story