ADD ANI AS A TRUSTED SOURCE
googleads
Menu
General News

Modi govt continues to prioritise development of island communities: Lakshadweep Yuva Morcha

Yuva Morcha Lakshadweep applauds Union Budget 2025, calls it "forward-thinking vision for India's marine sector."

ANI Feb 02, 2025 11:15 IST googleads

Mohammed Salih PM, President of Yuva Morcha Lakshadweep (File Photo/ANI)

Kochi (Kerala) [India], February 2 (ANI): Lakshadweep Yuva Morcha has expressed support for Budget 2025, presented by Union Finance Minister Nirmala Sitharaman on Saturday.
According to an official statement by the Yuva Morcha, "On Saturday, Union Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, unveiling a forward-thinking vision for India's marine sector with a specific focus on the Andaman and Nicobar and Lakshadweep islands. The government's unwavering commitment to empowering island communities and advancing the fisheries sector was evident in the Budget speech."
The statement highlighted Sitharaman's strategic focus on Lakshwadeep region: "India ranks as the second-largest global producer of fish and aquaculture. With seafood exports valued at Rs 60,000 crore, the government is set to introduce an enabling framework for the sustainable harnessing of fisheries from India's Exclusive Economic Zone and high seas. The focus will be on the Andaman and Nicobar Islands and Lakshadweep."
As per the release, "For islanders, this Budget is a victory that acknowledges the unique challenges we face and the incredible potential that our maritime resources offer. The Modi government continues to prioritise the development of island communities with a clear and effective roadmap to address our needs. This focused approach on sustainable fisheries development will create immense opportunities for local employment, entrepreneurship, and community welfare."
"Yuva Morcha, in its capacity as the voice of the youth of Lakshadweep, warmly welcomes these initiatives and thanks the government for its commitment," said Adv. Mohammed Salih PM, President of Yuva Morcha Lakshadweep.
Additionally, the Budget 2025-26 delivers a game-changing reform for the middle class as the new tax regime allows for no income tax payable up to Rs12 lakhs per annum.
This policy is understood to ensure greater financial independence, increased savings, and an overall boost to consumption.
"This Budget is a clear reflection of the Modi government's resolute commitment to not only uplift island communities but to shape a progressive, inclusive future for India. For too long, the island regions have been neglected, but today, with a comprehensive marine sector strategy, sustainable growth is on the horizon," the youth body stated.
Yuva Morcha strongly believes that "this is the beginning of a brighter future for Lakshadweep, and we stand united in supporting the government's push for reforms that promise lasting benefits for our people." (ANI)

Get the App

What to Read Next

Politics

Congress' Muraleedharan says LPG shortage "affecting families"

Congress' Muraleedharan says LPG shortage

"Most of the hotels are closed. Even in the few that are open, we are not getting proper food. This situation is affecting families as well. Therefore, we request the Central Government to intervene in this matter and take strong action to ensure the supply of LPG gas," Muraleedharan told reporters in Thiruvananthapuram.

Read More
General News

Woman found dead in hotel room in North Delhi

Woman found dead in hotel room in North Delhi

According to Delhi Police, around 12:30 am, staff of Prince Hotel located at SPM T-point on Church Mission Road informed the beat staff that Room No. 205 was locked and the guest inside was not responding despite repeated knocking.

Read More
Politics

"No shortage of petrol, diesel or LPG": Hardeep Singh Puri

In his statement in the Lok Sabha, Puri said the government has taken multiple measures to safeguard the country's energy security and ensure the uninterrupted availability of petroleum products, cooking gas, and natural gas.

Read More
Politics

29 lakh women received funds under Mahila Udyamita Scheme: Sarma

29 lakh women received funds under Mahila Udyamita Scheme: Sarma

"Till today, 29 lakh women have received the fund of the Mahila Udyamita Scheme. Today, this fund will be distributed in Sonai and East Goalpara constituency. A total of 33.50 lakh women will get benefits," Himanta Biswa Sarma told reporters.

Read More
General News

FCI workers' demands raised before Labour Authority

FCI workers' demands raised before Labour Authority

The ongoing dispute between the management of the Food Corporation of India (FCI) and its sole recognised union, Bhartiya Khadya Nigam Karamchari Sangh (BKNKS), was taken up for conciliation on Thursday before the Deputy Chief Labour Commissioner (Central) in New Delhi.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.