Union Budget 2025: Key Highlights
The Union Budget 2025 presents a comprehensive roadmap for India's economic development with focus on infrastructure, agriculture, and social welfare.
Fiscal Deficit Target
The government has set a fiscal deficit target of 4.5% of GDP for FY 2025-26, showing commitment to fiscal consolidation while maintaining growth momentum.
Infrastructure Development
Capital expenditure allocation increased to ₹11 lakh crore, focusing on roads, railways, ports, and digital infrastructure to boost economic growth and employment.
Agricultural Reforms
Enhanced allocation for PM-KISAN scheme, increased MSP for major crops, and new initiatives for organic farming and agricultural exports.
Tax Reforms
Rationalization of income tax slabs, increased standard deduction, and simplified GST structure to boost consumption and ease of doing business.
Social Sector Spending
Increased allocation for education, healthcare, and skill development programs. Focus on digital literacy and vocational training for youth.
Green Energy Initiatives
Major push for renewable energy with incentives for solar and wind power projects. Target to achieve 500 GW renewable energy capacity by 2030.