Budget - An Overview

Union Budget 2025

The Union Budget 2025 was presented to the Lok Sabha by Finance Minister Nirmala Sitharaman for the eighth time in a row.  Keep an eye out for noteworthy events, industry-specific effects, ramifications, and sector-specific reforms that could improve the Indian economy.

The following are included in the broad principles of Viksit Bharat as described by the finance minister:

  • No poverty.
  • 100% of students receive high-quality education.
  • Acces to comprehensive, reasonably priced, and high-quality healthcare.
  • 100% of workers are skilled and have fulfilling jobs.
  • 70% of women who work in the economy; and
  • Our nation is becoming the "food basket of the world" thanks to farmers.

Budget Estimates 2025-26

 

The expected total expenditure is Rs. 50.65 lakh crore, and the total receipts, excluding borrowings, are Rs. 34.96 lakh crore.

 

The expected amount of net tax revenue is Rs. 28.37 lakh crore.

 

An estimated 4.4% of GDP is the fiscal deficit.

 

It is expected that the gross market borrowings amount to Rs. 14.82 lakh crore.

 

FY2025–2026 is allocated Rs. lakh crore in capital expenditures, or 3.1% of GDP.

 

Agriculture as the 1st Engine of Development

 

  • Prime Minister Dhan-Dhaanya Krishi Yojana - Developing Agri Districts Programme
  • Building Rural Prosperity and Resilience
  • Aatmanirbharta in Pulses
  • Comprehensive Programme for Vegetables & Fruits
  • Makhana Board in Bihar
  • National Mission on High Yielding Seeds
  • Fisheries
  • Mission for Cotton Productivity
  • Enhanced Credit through KCC
  • Urea Plant in Assam

MSMEs as the 2nd Engine of Development

  • Revision in classification criteria for MSMEs
  • Credit Cards for Micro Enterprises
  • Fund of Funds for Startups
  • Scheme for First-time Entrepreneurs
  • Focus Product Scheme for Footwear & Leather Sectors
  • Measures for the Toy Sector
  • Support for Food Processing
  • Manufacturing Mission - Furthering "Make in India"

MSMEs as the 3rd Engine of Development

  • Investing in People
  • Investing in Economy
  • Investing in Innovation
  • Export as the 4th Engine of Development
  • Export Promotion Mission
  • BharatTradeNet
  • National Framework for GCC

Reforms as Fuel: Financial Sector reforms and Development

 

  • FDI in Insurance Sector
  • Credit Enhancement Facility by NaBFID
  • Grameen Credit Score
  • Pension Sector
  • High Level Committee for Regulatory Reforms
  • Investment Friendliness Index of States
  • Jan Vishwas Bill 2.0
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