Lauding the Budget presented by Finance Minister Pranab Mukherjee, Tamil Nadu Chief Minister M Karunanidhi today said it would propel overall socio-economic development and benefit people from various walks of life. A key constituent of Congress-led UPA at the Centre, the DMK President also had words of praise for Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi for 'guiding' Mukherjee to design a budget that would benefit various sections of people.Mr Karunanidhi said in a statement in Chennai that excellent provisions have been made to increase farm output and ensure easy availability of farm credit. Among others, Karunanidhi welcomed measures such as reducing senior citizens age for I-T exemption criterion, creation of a new segment, the Very Senior Citizens and doubling of wages for Anganwadi workers.