The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, introduces significant reforms aimed at stimulating economic growth and providing relief to various sectors. Here are the top 10 takeaways:
🔹𝐈𝐧𝐜𝐨𝐦𝐞 𝐓𝐚𝐱 𝐎𝐯𝐞𝐫𝐡𝐚𝐮𝐥 The government has restructured the income tax slabs, offering substantial relief to the middle class. Notably, individuals earning up to ₹12 lakh annually will now fall under the nil tax bracket, effectively increasing disposable income.
🔹𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐁𝐨𝐨𝐬𝐭 The introduction of the PM Dhan-Dhaanya Krishi Yojana aims to assist 1.7 crore farmers across 100 low-productivity districts, focusing on enhancing agricultural output and sustainability.
🔹𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 A significant increase in capital expenditure has been announced, with a focus on rural roadways, sanitation, and water management, aiming to bridge the rural-urban divide.
🔹𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐄𝐜𝐨𝐧𝐨𝐦𝐲 𝐏𝐮𝐬𝐡 The budget emphasizes the digital revolution, introducing incentives for startups in AI, biotechnology, and other emerging sectors, alongside investments in nationwide digital literacy programs.
🔹𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 Recognizing the importance of a healthy population, the budget allocates substantial funds to healthcare infrastructure, aiming to improve access and quality of medical services.
🔹𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭 Significant investments are planned for the education sector, focusing on modernizing educational institutions and promoting research and development initiatives.
🔹𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐆𝐢𝐠 𝐖𝐨𝐫𝐤𝐞𝐫𝐬 The government plans to provide healthcare benefits under the PM Jan Arogya Yojana to gig workers, along with creating identity cards and registration on the e-Shram portal, recognizing their contribution to the economy.
🔹𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐒𝐞𝐜𝐭𝐨𝐫 𝐋𝐢𝐛𝐞𝐫𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 The Foreign Direct Investment (FDI) limit in the insurance sector has been raised from 74% to 100%, encouraging greater foreign participation and investment.
🔹𝐅𝐢𝐬𝐜𝐚𝐥 𝐃𝐢𝐬𝐜𝐢𝐩𝐥𝐢𝐧𝐞 The government targets a fiscal deficit of 4.4% of GDP for 2025-26, down from a revised 4.8% for the current year, indicating a commitment to fiscal prudence.
🔹𝐆𝐫𝐞𝐞𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬 A new fund for startups and the Nuclear Energy Mission aims to develop 100 GW of nuclear power by 2047, reflecting India’s commitment to innovation and clean energy transition.
These measures reflect the government’s focus on inclusive growth, economic stability, and enhancing the ease of living for its citizens.