Transformative reforms ahead: Sitharaman
The budget will usher in transformative reforms, Will cover six domains: Taxation, power sector, urban development, mining, financial sector, and regulatory reforms.
Taxation, mining among 6 sectors where Budget will initiate reforms, says Sitharaman
The Budget will initiate reforms in primarily 6 domains — taxation, urban development, mining, financial sector, power and regulatory reforms.
Goal to create employment in rural areas:
Goal is to create employment in rural areas so migration is an option, not compulsion
6-year mission for atmanirbharta in pulses:
Government will launch a six-year mission for atmanirbharta in growth of pulses
India Post to be logistics operation:
With 1.5 lakh rural post offices, 2.4 lakh dak sevaks will be repositioned to act as rural catalysts. India Post to be transformed as a large logistics operation
Investment, turnover limits for MSMEs hiked
New classification criteria for MSMEs.
The investment limit for MSME classification to be made 2.5 times, and turnover limits for MSME classification to be doubled
PM Dhan Dhyan Krishi Yojana to benefit 1.7 cr farmers
PM Dhan Dhyan Krishi Yojana, covering 100 districts with low yields, modern crop intensity and below average credit parameters.
The PM Dhan Dhyan Krishi Yojan will benefit 1.7 crore farmers,
Viksit Bharat
Viksit Bharat will have zero poverty, quality education, high-quality, affordable and comprehensive healthcare, says FM Sitharaman.
Enhanced credit guarantee cover for MSMEs
Government to enhance credit guarantee cover for MSMEs to improve credit access, and will enhance limit for interest subvention scheme for Kisan Credit Card from Rs 3 lakh to Rs 5 lakh,
AI for education to be set up with Rs 500 cr
The government had announced artificial intelligence for agriculture, health, sustainable cities. Now AI for education to be set up with outlay of Rs 500 cr,
5 targets for Union Budget 2025
The Budget continues the government's efforts to:
a) Accelerate Growth
b) Inclusive Development
c) Private Sector Investments
d) Uplift Household sentiments
e) Enhance the spending power of India's rising middle-class
Broadband connectivity for govt schools
Broadband connectivity to be provided to all government secondary schools and primary healthcare centres,
National institute of food technology in Bihar
National Institute of Food Technology, Entrepreneurship and Management to be set up in Bihar to provide a strong fillip to food processing activities in the entire Eastern region.
10,000 additional seats to be added in medical colleges
Ten thousand additional seats to be added in medical colleges next year and 75,000 seats to be added in next five years.
120 new destinations under modified Udan scheme
Charting development across various sectors, a modified UDAN scheme to be launched to enhance regional connectivity to 120 new destinations and carry 4 crore passengers in next 10 years,
A maritime development fund with a corpus of Rs. 25,000 crore
Scheme for footwear, leather sectors to be launched
A focused scheme will be launched for the footwear and leather sectors while steps will be initiated to make India a global toy manufacturing hub.
The government will also launch a mission to support clean technology manufacturing activities.
Rs 2 cr loan for women, SC/ST entrepreneurs
The government will launch a Rs 2-crore term loan for 5 lakh first-time women, SC and ST entrepreneurs,
100% FDI allowed in insurance sector
100 percent FDI has been approved for the insurance sector, and this will be allowed for companies that invest the entire premium collected in India,
Nuclear Energy Mission launched with outlay of Rs 20,000 crore
The Nuclear Energy Mission for research, development of small modular reactors with an outlay of Rs 20,000 crore.
The fiscal deficit for FY25 has been pegged at 4.8 per cent of GDP and at 4.4 per cent for FY26.
Net market borrowings are estimated at Rs 11.54 lakh crore for next fiscal year.
NaBFID (National Bank for Financing Infrastructure and Development) will set up partial credit enhancement facility for corporate bonds.
Investment friendliness index of states will be launched this year
What has the economic survey said about growth? The Economic Survey 2024-25 projects India’s GDP growth for FY26 at 6.3-6.8%, emphasizing domestic growth over exports. Achieving Viksit Bharat by 2047 requires 8% annual growth, a 35% investment rate, and expansion in manufacturing, AI, robotics, and biotechnology.
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Comment on Budget
What has the economic survey said about growth? The Economic Survey 2024-25 projects India’s GDP growth for FY26 at 6.3-6.8%, emphasizing domestic growth over exports. Achieving Viksit Bharat by 2047 requires 8% annual growth, a 35% investment rate, and expansion in manufacturing, AI, robotics, and biotechnology.
Where is the item on 35% investment in the budget?
https://guide-india.blogspot.com/2025/01/government-of-india-budget-2025-2026.html
#India #Budget #2025 #IndiaBudget2025
I do not see any discussion on investment in PSUs.
No estimates of private sector investment and measures government is taking in this budget to increase investment in private sector. No mention of any discussion with private sector regarding increase in investment in private sector in agriculture, mining and manufacturing and services.
Budget must demonstrate the democratic spirit, discussions with all stakeholders and MPs as well as chief ministers and reflection of the desires and aspirations in the budget. Government has to be a coordinating body for the desires of the people.
Investment in India required to achieve expected growth and role of MPs discussed in the video 8 year back.
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