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Budget
Union Budget (2025 - 26)
The Union Budget 2025–2026 was introduced in Parliament by Smt. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs. This is a synopsis of her budget speech:
Under the direction of Hon. Prime Minister Shri Narendra Modi, we set out together to harness our country’s enormous potential for increased wealth and global positioning.
Citing the well-known statement, “A country is not just its soil; a country is its people,” from Telugu dramatist and poet Shri Gurajada Appa Rao “Sabka Vikas” is the topic of the Union Budget 2025–2026 that the Finance Minister delivered, encouraging balanced growth in all areas.
In line with this theme, the Finance Minister outlined the broad Principles of Viksit Bharat to encompass the following:
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developing financial processes and procedures
- Zero-poverty.
- Hundred per cent good quality school education.
- Access to high-quality, affordable, and comprehensive healthcare.
- Hundred per cent skilled labour with meaningful employment.
- Seventy per cent women in economic activities; and
- Farmers making our country the ‘food basket of the world’.
Budget Estimates 2025-26
- The total receipts other than borrowings and the total expenditure are estimated at ₹34.96 lakh crore and ₹50.65 lakh crore respectively.
- The net tax receipts are estimated at ₹28.37 lakh crore.
- The fiscal deficit is estimated to be 4.4 per cent of GDP.
- The gross market borrowings are estimated at ₹14.82 lakh crore.
- Capex Expenditure of ₹11.21 lakh crore (3.1% of GDP) earmarked in FY2025-26.
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”.
Investment as the 3rd Engine of Development
- Investing in People
- Saksham Anganwadi and Poshan 2.0
- Atal Tinkering Labs
- Broadband Connectivity to Government Secondary Schools and PHCs
- Bharatiya Bhasha Pustak Scheme
- National Centres of Excellence for Skilling
- Expansion of Capacity in IITs
- Centre of Excellence in AI for Education
- Expansion of medical education
- Day Care Cancer Centres in all District Hospitals
- Strengthening urban livelihoods
- PM SVANidhi
- Social Security Scheme for Welfare of Online Platform Workers.
- Investing in the Economy
- Public Private Partnership in Infrastructure
- Support to States for Infrastructure
- Asset Monetization Plan 2025-30
- Jal Jeevan Mission
- Urban Challenge Fund
- Nuclear Energy Mission for Viksit Bharat
- Shipbuilding
- Maritime Development Fund
- UDAN – Regional Connectivity Scheme
- Greenfield Airport in Bihar
- Western Koshi Canal Project in Mithilanchal
- Mining Sector Reforms
- SWAMIH Fund 2
- Tourism for employment-led growth
- Investing in Innovation
- Research, Development and Innovation
- Deep Tech Fund of Funds
- PM Research Fellowship
- Gene Bank for Crops Germplasm
- National Geospatial Mission
- Gyan Bharatam Mission
- Exports 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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