Our Government does not believes in selling dreams: Jaitley

Delhi BJP today organized a large meeting of RWAs of Delhi where Union Finance Minister Arun Jaitley initiated a 'Budget Par Charcha' discussion

Welcoming Shri Jaitley on the occasion Delhi BJP President Sh. Satish Upadhyay thanked the Finance Minister for giving India and Delhi a citizens friendly Budget. He appreciated the effort of the RWA cell of the party and said that it is good that today party workers have given full space to RWA activists who are a best source of genuine feedback on Government policies.

Speaking on the occasion Finance Minister Arun Jaitley said he is thankful to Delhi BJP for giving a chance of interacting with the backbone of the society the RWAs which are a catalyst in making or breaking public opinion. In a lighter vein Finance Minister said that unlike my predecessors in Congress Government or former Delhi CM our Government does not believes in selling dreams. We intent to build a beautiful national capital and in this we will not sell dreams of comparing Delhi with European cities.

Shri Jaitley said that in the circumstances when we got a paralyzed economy in inheritance we have tried to give the country a best possible Budget with growth opportunities. Holding stalled decision making and anti growth taxation policy followed by the Congress Governments responsible for a low rate of five percent economic growth during last 3 years. Shri Jaitley assured the audience that under the leadership of Prime Minister Shri Narendra Modi we will ensure a constant growth rate now on as our Government will not hesitate to take any positive step to raise the economy.

Shri Jaitley said that though countries passing through tough economic situations yet we have allowed substantial taxation for the industry because we believe in encouraging home production and wish to bring Indian industry to compete with China globally. Rise in economic activity will by itself bring additional taxes in the economy. Similarly, we have allowed excise relief for small scale industry raising the investment limit to 25 crores.

To increase Electricity production in the country which shall prove to be a boon for economic growth we have allowed tax relief on all investments in power sector till 2017. Under the guidance of the Prime Minister a scheme shall soon be launched with a Government investment of 2 lakh 80 thousand crores in banking to take Government banks to each and every citizen of the country. This will on one hand encourage small savings while on the other shall encourage loans for rural sector.