- Budget 2025 Highlights – Key Updates for Progress and Innovation
- Related Posts
Budget 2025 Highlights – Key Updates for Progress and Innovation
Economic Growth and Development
The Budget 2025 focuses on driving economic growth by encouraging middle-class spending and fostering overall development. Several reforms and initiatives aim to boost key sectors and create a stronger foundation for India’s future.
Major Reforms
Taxation and Finance Updates
Significant reforms are planned in taxation, finance, urban development, mining, and regulatory frameworks to streamline processes and attract investments.
Empowering Farmers
Dhan Dhanya Krishi Yojana is set to benefit 17 million farmers in 100 districts where agricultural productivity has been low. This initiative aims to improve yields and boost rural incomes.
High-Yielding Seeds Mission
The National Mission on High-Yielding Seeds is being launched to support smarter agricultural practices and enhance crop productivity.
Boosting Bihar’s Makhana Industry
A dedicated Makhana Board will be established to focus on the development and promotion of Bihar’s Makhana sector, ensuring better market opportunities for farmers.
Industrial and Technological Advancements
New Urea Plant in Assam
A new urea plant with a capacity of 127,000 tonnes will be established in Assam, helping to meet fertilizer demands and support the agricultural sector.
Clean Tech Revolution
A dedicated mission to enhance clean tech manufacturing in India is set to boost the green energy sector and reduce the country’s carbon footprint.
Atal Tinkering Labs
The establishment of 50,000 Atal Tinkering Labs will promote innovation and technological advancements among students across the nation.
Credit Support for Start-ups
The credit guarantee limit for start-ups has been doubled to ₹20 crore, offering more financial support to budding entrepreneurs.
Infrastructure and Urban Development
Interest-Free Loans for States
States will receive ₹1.5 lakh crore as interest-free loans to accelerate infrastructure development.
Urban Revamp
A budget of ₹100 billion has been allocated for urban development projects for FY26, aiming to modernize and expand city infrastructure.
Western Kosi Canal Project
Financial support will be provided to enhance irrigation facilities in Mithilanchal through the Western Kosi Canal project.
Transportation and Connectivity
UDAN 2.0
The upgraded UDAN scheme will connect 120 new destinations, benefiting over 4 crore passengers and improving regional air connectivity.
Maritime Development Fund
A ₹25,000 crore Maritime Development Fund will be used to boost India’s shipbuilding industry and strengthen the maritime sector.
Health and Social Security
Day Care Cancer Centres
By 2025-26, 200 new day care cancer centers will be set up, making cancer treatment more accessible across the country.
Expansion of Medical Education
The number of medical seats will be increased by 10,000 to improve access to healthcare education.
Social Security for Gig Workers
One crore gig workers will be included in the social security scheme, ensuring better protection and benefits for this workforce.
Water and Tourism Development
Jal Jeevan Mission
The mission has been extended till 2028 with the goal of achieving 100% water coverage.
Tourism Upgrades
Fifty popular tourist destinations across India will undergo major upgrades to improve infrastructure and attract more visitors.
Medical Tourism
Simplified visa rules will make it easier for international patients to visit India for medical treatments, boosting medical tourism.
Energy and Power Initiatives
Nuclear Energy Expansion
India aims to achieve 100 GW of nuclear energy by 2027, with significant contributions from the private sector.
Support for MSMEs
The investment limits for MSMEs have been increased by 2.5 times, positioning them as a key growth engine for India’s economy.
Frequently Asked Questions (FAQ)
What is the Dhan Dhanya Krishi Yojana?
This scheme aims to support 17 million farmers in low-productivity districts by improving agricultural practices and boosting incomes.
How will start-ups benefit from Budget 2025?
The credit guarantee for start-ups has been doubled to ₹20 crore, providing better financial support for new businesses.
What is the objective of the Clean Tech Revolution initiative?
This mission aims to promote clean tech manufacturing and reduce India’s carbon footprint.
How will healthcare improve under Budget 2025?
The government plans to set up 200 new day care cancer centers and increase medical seats by 10,000.
What are the plans for tourism development?
Fifty destinations across India will get major upgrades, and visa rules for medical tourists will be simplified.
Budget 2025 brings a balanced approach to economic growth, social welfare, and technological advancements, setting the stage for a brighter future for India.
Read More at sharepricenews.com
I’m Rahul Chaudhary, and I write about everything related to the Share Market. From Stock Trends and Share Prices to the Latest News and IPO Updates, my articles aim to provide you with valuable insights to help you navigate the world of investing. Stay tuned for expert tips and updates to keep you informed!
