In the Union Budget 2025, the Finance Minister has made following key announcements for Education, Healthcare, and Infrastructure sectors:
The Finance Minister stated that there will be no income-tax for individuals earning up to ₹12 Lakh annually.
The mission would begin by taking up R&D of Small Modular Reactors, compact, advanced nuclear reactors that produce cleaner energy more effectively
With a target of Rs 1.01 lakh crore for exports, the industry hopes to reach a market size of Rs 4 lakh crore.
The Finance Minister is presenting 8th Union Budget 2025, and has announced several reforms for the middle class taxpayers, some of which are:
Ambika Cotton Mills surged up to 9% to trade at Rs 1,630 after the announcement, while KPR Mills saw a nearly 4% increase.
On February 1, 2025, the Finance Minister Nirmala Sitharaman announced major changes/reforms for the Tourism and Innovation Sector, which are:
It is significant to remember that the budget from the previous year had made room for projects in Bihar and Andhra Pradesh
RBI's ₹2.1 lakh crore bonus dividend and controlled spending helped maintain the FY25 fiscal target despite slower growth.
Sitharaman said that it will continue the scheme of a fifty-year interest-free loan for capital expenditure to states. It will have a total outlay of Rs 1.5 lakh crore.
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