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| Source - Education |
Taxation Reforms - Relief for the Middle Class
A pivotal feature of this year's budget is the substantial relief provided to the middle-income group. The income tax exemption threshold has been raised from ₹7 lakh to ₹12 lakh under the new regime, effectively reducing the tax burden on a large segment of salaried individuals.
This move aims to enhance disposable income, thereby boosting household consumption and savings. Additionally, simplification of tax filing procedures and greater transparency in tax compliance will encourage more citizens to file their returns.
Agriculture and Rural Development: Empowering Farmers
Agriculture remains the backbone of the Indian economy. The budget introduces the Prime Minister Dhan-Dhaanya Krishi Yojana, focusing on increasing agricultural productivity and ensuring food security. A six-year mission to achieve self-reliance in pulses like Tur, Urad, and Masoor has been launched.
Agriculture and Rural Development: Empowering Farmers
Agriculture remains the backbone of the Indian economy. The budget introduces the Prime Minister Dhan-Dhaanya Krishi Yojana, focusing on increasing agricultural productivity and ensuring food security. A six-year mission to achieve self-reliance in pulses like Tur, Urad, and Masoor has been launched.
Furthermore, a Makhana Board is to be set up in Bihar to aid local farmers and promote this niche product on a national level. The allocation toward rural development programs has seen a marked increase in strengthening the agri-value chain and improving rural infrastructure.
MSMEs - Strengthening the Backbone
Recognizing the crucial role of Micro, Small, and Medium Enterprises (MSMEs) in job creation and economic growth, the budget proposes an enhancement in the credit guarantee scheme. The coverage has been raised from ₹5 crore to ₹10 crore, thereby enabling MSMEs to access affordable finance.
MSMEs - Strengthening the Backbone
Recognizing the crucial role of Micro, Small, and Medium Enterprises (MSMEs) in job creation and economic growth, the budget proposes an enhancement in the credit guarantee scheme. The coverage has been raised from ₹5 crore to ₹10 crore, thereby enabling MSMEs to access affordable finance.
New classification criteria for MSMEs aim to better align with industry realities and simplify compliance. The government has also promised quicker disbursal of pending dues to ease the cash flow challenges faced by small businesses.
Infrastructure and Capital Expenditure -Building for the Future
With a renewed focus on infrastructure, the capital expenditure target for FY 2025 has been raised to ₹11.21 trillion. This includes investments in roads, railways, airports, and urban infrastructure. The Gati Shakti Master Plan continues to serve as a guiding framework for multi-modal logistics and connectivity projects. The National Highways Authority of India (NHAI) and Indian Railways have received significant boosts, indicating the government’s long-term vision for infrastructure-led economic growth.
Science, Innovation, and Research - Investing in Knowledge
A separate allocation of ₹20,000 crore has been announced for promoting innovation through a private-sector-driven R&D initiative. The budget also proposes ten thousand fellowships under the PM Research Fellowship for students pursuing cutting-edge technological research at premier institutes such as IITs and IISc.
Infrastructure and Capital Expenditure -Building for the Future
With a renewed focus on infrastructure, the capital expenditure target for FY 2025 has been raised to ₹11.21 trillion. This includes investments in roads, railways, airports, and urban infrastructure. The Gati Shakti Master Plan continues to serve as a guiding framework for multi-modal logistics and connectivity projects. The National Highways Authority of India (NHAI) and Indian Railways have received significant boosts, indicating the government’s long-term vision for infrastructure-led economic growth.
Science, Innovation, and Research - Investing in Knowledge
A separate allocation of ₹20,000 crore has been announced for promoting innovation through a private-sector-driven R&D initiative. The budget also proposes ten thousand fellowships under the PM Research Fellowship for students pursuing cutting-edge technological research at premier institutes such as IITs and IISc.
In a bid to secure the nation’s agricultural future, a second Gene Bank for Crops Germplasm will be established, storing a variety of seeds and plant genetics to ensure long-term food and nutritional security.
Export Promotion and Trade Facilitation
To incentivize electronics and electric vehicle manufacturing, exemptions will be granted for components like open cells used in LED/LCD TVs and capital goods for lithium-ion batteries. A 10-year exemption on goods used for shipbuilding and ship recycling is proposed to promote the Maintenance, Repair, and Overhaul (MRO) industry. To simplify trade processes, time limits will be imposed on provisional assessments, and a voluntary declaration facility will be introduced to resolve disputes.
Education, Health, and Digital India
The education sector sees a notable focus on digital infrastructure. More funds have been allocated to the PM e-Vidya program and the development of regional language content to ensure inclusive learning. In healthcare, the expansion of Ayushman Bharat and increased funding for primary health centers aim to provide quality care for all. The integration of AI and tech in both sectors shows the government’s push toward a Digital India.
Social Welfare - Inclusive Growth for All
The budget places significant emphasis on the four pillars of inclusive growth — Garib (Poor), Mahilayein (Women), Yuva (Youth), and Annadata (Farmers). Schemes for skill development, financial inclusion, and affordable housing are at the center of this vision. Women-led startups and women in self-help groups (SHGs) have been given new incentives, while skill programs aim to boost youth employability in sunrise sectors like AI, robotics, and green energy.
Conclusion
The Union Budget 2025-26 presents a well-balanced and forward-looking fiscal blueprint aimed at sustainable development. With strategic investments in infrastructure, agriculture, digital transformation, and innovation, the government is steering India towards becoming a globally competitive economy. Its inclusive approach addresses the aspirations of various sectors, setting a strong foundation for long-term growth and resilience.
Written by Jay Shah
Disclaimer - This article has been authored exclusively by the writer and is being presented on Eat My News, which serves as a platform for the community to voice their perspectives. As an entity, Eat My News cannot be held liable for the content or its accuracy. The views expressed in this article solely pertain to the author or writer. For further queries about the article or its content you can contact on this email address – jayshah1183@gmail.com
Export Promotion and Trade Facilitation
To incentivize electronics and electric vehicle manufacturing, exemptions will be granted for components like open cells used in LED/LCD TVs and capital goods for lithium-ion batteries. A 10-year exemption on goods used for shipbuilding and ship recycling is proposed to promote the Maintenance, Repair, and Overhaul (MRO) industry. To simplify trade processes, time limits will be imposed on provisional assessments, and a voluntary declaration facility will be introduced to resolve disputes.
Education, Health, and Digital India
The education sector sees a notable focus on digital infrastructure. More funds have been allocated to the PM e-Vidya program and the development of regional language content to ensure inclusive learning. In healthcare, the expansion of Ayushman Bharat and increased funding for primary health centers aim to provide quality care for all. The integration of AI and tech in both sectors shows the government’s push toward a Digital India.
Social Welfare - Inclusive Growth for All
The budget places significant emphasis on the four pillars of inclusive growth — Garib (Poor), Mahilayein (Women), Yuva (Youth), and Annadata (Farmers). Schemes for skill development, financial inclusion, and affordable housing are at the center of this vision. Women-led startups and women in self-help groups (SHGs) have been given new incentives, while skill programs aim to boost youth employability in sunrise sectors like AI, robotics, and green energy.
Conclusion
The Union Budget 2025-26 presents a well-balanced and forward-looking fiscal blueprint aimed at sustainable development. With strategic investments in infrastructure, agriculture, digital transformation, and innovation, the government is steering India towards becoming a globally competitive economy. Its inclusive approach addresses the aspirations of various sectors, setting a strong foundation for long-term growth and resilience.
Written by Jay Shah
Disclaimer - This article has been authored exclusively by the writer and is being presented on Eat My News, which serves as a platform for the community to voice their perspectives. As an entity, Eat My News cannot be held liable for the content or its accuracy. The views expressed in this article solely pertain to the author or writer. For further queries about the article or its content you can contact on this email address – jayshah1183@gmail.com
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