The Union Budget 2025, presented by the Finance Minister in the Indian Parliament, outlines the government’s financial strategies for the upcoming fiscal year, with a focus on economic growth, infrastructure development, and sustainable, inclusive growth. The budget introduces critical policy measures aimed at tackling challenges such as inflation, job creation, and global uncertainties.
It emphasizes investment in digital transformation, agriculture, and healthcare, while promoting green energy and renewable infrastructure. By strengthening key sectors, the budget seeks to foster long-term stability and ensure India remains on a path of robust economic recovery and growth in the coming year
OVERVIEW OF UNION BUDGET 2025
The Union Budget 2025, presented by the Finance Minister, outlines the Indian government’s financial priorities for the upcoming fiscal year. It aims to foster economic growth, inclusive development, and sustainability by focusing on infrastructure investment, job creation, and reforms.
Key initiatives include enhancing digital infrastructure, supporting agriculture, expanding healthcare, and promoting green energy. The budget also proposes tax reforms to encourage investment and ease of doing business. With an emphasis on fiscal discipline, social welfare, and sectoral development, the Union Budget 2025 is designed to navigate global uncertainties while driving India’s long-term economic growth
KEY HIGHLIGHTS
Prime Minister Dhan-Dhaanya Krishi Yojana – Developing Agri Districts Programme to cover 100 districts and likely to help 1.7 crore farmers, Makhana Board in Bihar to be set up to improve production, processing, value addition, and marketing and organisation of FPOs, Customised Credit Cards with a ₹ 5 lakh limit for micro enterprises registered on Udyam portal. In the first year, 10 lakh such cards will be issued, For 5 lakh first-time entrepreneurs, including women, Scheduled Castes and Scheduled Tribes, a new scheme, to be launched, to provide term loans up to ₹ 2 crore during the next 5 years.
5 National Centres of Excellence for skilling to be set up with global expertise and partnerships, 50 Thousand Labs to be set up in government schools in next 5 years. Broadband connectivity to be provided to all government secondary schools and primary health centres in rural areas.
Expansion of medical education: 10,000 additional seats with the goal of adding 75,000 seats in the next 5 years, PM SVANidhi: To be revamped with enhanced loans from banks, UPI linked credit cards and capacity building support,
Jal Jeevan Mission: To achieve 100 % coverage, the mission extended till 2028 with an enhanced total outlay, ₹ 1 lakh crore to implement the proposals for ‘Cities as Growth Hubs’, ‘Creative Redevelopment of Cities’ and ‘Water &Sanitation, Asset Monetization Plan 2025-30: launched to plough back capital of ₹ 10 lakh crore in new projects, UDAN: Regional connectivity to 120 new destinations and carry 4 crore passengers in the next 10 years
PM Research Fellowship To provide ten thousand fellowships for technological research in IITs and IISc, The 2nd Gene Bank with 10 lakh germplasm lines to be set up for future food and nutritional security., Allocating ₹ 20,000 crore to implement private sector driven Research, Development and Innovation initiative, To develop foundational geospatial infrastructure and data. Using PM Gati Shakti, facilitation of modernization of land records, urban planning, and design of infrastructure project
BharatTradeNet: A digital public infrastructure, ‘BharatTradeNet’ (BTN) for international trade will be set-up as a unified platform for trade documentation and financing solutions. Support for integration with Global Supply Chain, NaBFID to set up a ‘Partial Credit Enhancement Facility’ for corporate bonds for infrastructure, Revamped Central KYC registry to be rolled out in 2025, FDI limit for the insurance sector will be raised from 74 to 100 per cent.
Changes in direct taxes and proposal to introduced the New Income Tax Bill, Make in India- Exemption to open cell for LED/LCD TV, looms for textiles, capital goods for lithium ion battery of mobile phones and EVs
Tax deduction limit for senior citizens doubled from ₹ 50,000 to ₹ 1 lakh. The annual limit of ₹2.40 lakh for TDS on rent increased to ₹ 6 lakh.
CONCLUSION
The Union Budget 2025 sets a positive tone for India’s future economic growth by focusing on inclusive development, job creation, and sustainable practices. With substantial allocations for infrastructure, agriculture, health, education, and digital transformation, the budget aims to create a conducive environment for economic recovery and resilience. The implementation of these policy measures will be crucial in addressing India’s challenges and ensuring long-term prosperity.
As the country moves towards the 2025-26 fiscal year, the Union Budget offers a roadmap for growth, development, and stability, propelling India forward in its economic journey
MORE INFO
| Highlights | CLICK HERE |
| Handbook | CLICK HERE |
| Official Portal | CLICK HERE |
