Budget will spur job creation, boost investments in startups: Finance minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman stated that the budget proposals would boost job creation, invest in startups, and enhance economic growth. Speaking in Bengaluru, she highlighted the abolition of angel tax to support entrepreneurs. The budget also incentivizes job creation through internships and skilling programs. It assures funding for MSMEs during periods of stress. Sitharaman addressed opposition claims about state funding, noting significant financial allocations to Karnataka under Prime Minister Modi compared to the UPA period. The budget aims to leave more money with the middle class and focus on infrastructure development.