The Budget 2025-26 focuses on inclusive growth, innovation, and investment, aiming to propel India toward the vision of Viksit Bharat. Here's a breakdown of the transformative measures across sectors:
?? Agriculture & Rural Development
- National Mission on High Yielding Seeds: Focus on high-yield, climate-resilient seeds.
- Makhana Board in Bihar: Boosting production and processing for farmers.
- Prime Minister Dhan-Dhaanya Krishi Yojana: Agri district development program.
- Enhanced Credit through KCC: ?5 lakh short-term loans for 7.7 crore farmers.
- Aatmanirbharta in Pulses: Focus on resilient seeds and increased protein content.
- India Post as a Catalyst: Offering credit and insurance services in rural areas.
?? MSME & Entrepreneurship Development
- Revised Investment & Turnover Limits: Boost for micro, small, and medium enterprises.
- Credit Cards for Micro Enterprises: ?5 lakh limit for 10 lakh enterprises in the first year.
- Support for First-Time Entrepreneurs: Up to ?2 crore term loans for 5 lakh entrepreneurs.
- Labour-Intensive Sectors: Focus on leather, toys, and food processing for job creation.
- Ease of Doing Business: Clean-tech manufacturing and future-ready workforce development.
?? Inclusive Human Resource Development
- Atal Tinkering Labs: 50,000 labs in government schools in 5 years.
- Broadband for Rural Schools & Health Centres.
- AI Centre of Excellence: ?500 crore investment in AI-driven education.
- Medical Education Expansion: 10,000 additional seats, with a goal of 75,000 in 5 years.
- Day Care Cancer Centres: District hospital setup for better care.
??? Infrastructure & Urban Development
- Urban Challenge Fund: ?1 lakh crore for redevelopment and growth hubs.
- Asset Monetization Plan: ?10 lakh crore reinvested into new projects.
- Maritime Development Fund: ?25,000 crore for long-term financing.
- Support to States: ?1.5 lakh crore interest-free loans for capital expenditure.
?? Innovation & Research Initiatives
- ?20,000 Crore Allocation for R&D: Private-sector-driven innovation initiatives.
- National Geospatial Mission: Modernization of land records and urban planning.
- Gyan Bharatam Mission: Digital repository of over 1 crore manuscripts.
- PM Research Fellowships: 10,000 fellowships for research in IITs and IISc.
?? Tax Reforms & Compliance Relief
- Personal Income Tax Reforms: Focused on easing middle-class tax burdens.
- Extended Time Limit for Filing Returns: Up from 2 to 4 years.
- Doubling Tax Deduction for Senior Citizens: From ?50,000 to ?1 lakh.
- Lifesaving Medicines: 36 drugs in the exempt list, including cancer and rare disease treatments.
?? Tourism & Connectivity
- UDAN Scheme: Regional connectivity to 120 new destinations over 10 years.
- Skill Development for Tourism: MUDRA loans for homestays and streamlined e-visa services.
?? Final Takeaway: This budget champions inclusivity, innovation, and sustainable growth, fostering economic transformation across agriculture, MSMEs, health, education, and infrastructure. The guiding spirit of Inclusivity, the fuel of Reforms, and the aspiration for Viksit Bharat shine through every initiative.
What are your thoughts on these transformative measures? Let's discuss!
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