Summary of Budget 2025-2026
Summary of Budget 2025-2026
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Key Themes and Objectives
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Accelerate growth, secure inclusive development, invigorate private sector investments, uplift household sentiments, and enhance spending power of India’s rising middle class.
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Vision for Viksit Bharat: Zero poverty, 100% quality education, affordable healthcare, skilled labor, 70% women in economic activities, and farmers making India the "food basket of the world."
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Four Engines of Growth: Agriculture, MSMEs, Investment, and Exports.
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Fuel for Growth: Reforms.
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Guiding Spirit: Inclusivity.
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Key Proposals and Initiatives
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1. Agriculture as the 1st Engine
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Prime Minister Dhan-Dhaanya Krishi Yojana: Focus on 100 low-productivity districts to enhance agricultural productivity, crop diversification, and irrigation facilities.
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Mission for Aatmanirbharta in Pulses: 6-year mission focusing on Tur, Urad, and Masoor pulses.
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Comprehensive Programme for Vegetables & Fruits: Promote production, processing, and remunerative prices for farmers.
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Makhana Board in Bihar: To improve production, processing, and marketing of makhana.
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National Mission on High Yielding Seeds: Strengthen research and commercial availability of high-yield seeds.
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Fisheries: Enable sustainable harnessing of fisheries, especially in Andaman & Nicobar and Lakshadweep Islands.
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Mission for Cotton Productivity: 5-year mission to improve cotton farming productivity.
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Enhanced Credit through KCC: Loan limit under Kisan Credit Cards increased from ?3 lakh to ?5 lakh.
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Urea Plant in Assam: New urea plant with a capacity of 12.7 lakh metric tons.
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2. MSMEs as the 2nd Engine
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Revision in MSME Classification: Investment and turnover limits enhanced to 2.5 and 2 times respectively.
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Credit Guarantee Cover Enhancement: Increased for Micro and Small Enterprises, Startups, and exporter MSMEs.
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Credit Cards for Micro Enterprises: Customized credit cards with a ?5 lakh limit.
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Fund of Funds for Startups: New fund with a ?10,000 crore contribution.
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Scheme for First-time Entrepreneurs: Support for 5 lakh women, SC, and ST entrepreneurs.
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Focus Product Scheme for Footwear & Leather Sectors: Enhance productivity and competitiveness.
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Toy Sector: Make India a global hub for toys.
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Support for Food Processing: National Institute of Food Technology in Bihar.
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Manufacturing Mission: Furthering "Make in India" with a focus on Clean Tech manufacturing.
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3. Investment as the 3rd Engine
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Investing in People:
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Saksham Anganwadi and Poshan 2.0: Enhanced nutritional support.
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Atal Tinkering Labs: 50,000 labs in government schools.
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Broadband Connectivity: To all government secondary schools and primary health centers.
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National Centres of Excellence for Skilling: Equip youth with skills for global manufacturing.
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Expansion of IITs: Additional infrastructure for 6,500 more students.
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Centre of Excellence in AI for Education: ?500 crore outlay.
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Medical Education Expansion: 10,000 additional seats in medical colleges.
领英推荐
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Day Care Cancer Centres: In all district hospitals.
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PM SVANidhi: Enhanced loans and UPI-linked credit cards for street vendors.
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Social Security Scheme for Gig Workers: Healthcare under PM Jan Arogya Yojana.
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Investing in the Economy:
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Public Private Partnership (PPP) in Infrastructure: 3-year pipeline of projects.
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Support to States for Infrastructure: ?1.5 lakh crore for interest-free loans.
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Asset Monetization Plan 2025-30: ?10 lakh crore capital for new projects.
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Jal Jeevan Mission: Extended until 2028 with enhanced outlay.
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Urban Sector Reforms: Incentivize governance, municipal services, and urban planning.
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Power Sector Reforms: Incentivize electricity distribution reforms.
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Nuclear Energy Mission: 100 GW of nuclear energy by 2047.
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Shipbuilding: Revamped financial assistance policy.
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UDAN Scheme: Enhanced regional connectivity to 120 new destinations.
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Greenfield Airport in Bihar: To meet future needs.
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Mining Sector Reforms: Policy for recovery of critical minerals.
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SWAMIH Fund 2: ?15,000 crore for completion of 1 lakh housing units.
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Investing in Innovation:
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Research, Development, and Innovation: ?20,000 crore allocation.
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Deep Tech Fund of Funds: Catalyze next-generation startups.
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PM Research Fellowship: 10,000 fellowships for technological research.
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Gene Bank for Crops Germplasm: 2nd gene bank with 10 lakh germplasm lines.
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National Geospatial Mission: Develop foundational geospatial infrastructure.
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Gyan Bharatam Mission: Survey and conservation of manuscript heritage.
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4. Exports as the 4th Engine
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Export Promotion Mission: Sectoral and ministerial targets.
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BharatTradeNet: Digital public infrastructure for international trade.
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Support for Integration with Global Supply Chains: Develop domestic manufacturing capacities.
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Warehousing Facility for Air Cargo: Upgrade infrastructure for high-value perishable goods.
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5. Reforms as the Fuel
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Tax Reforms: Simplified income-tax bill, rationalization of TDS/TCS, and reduced compliance burden.
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Financial Sector Reforms: FDI limit in insurance raised to 100%, credit enhancement facility by NaBFID.
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Regulatory Reforms: High-Level Committee for Regulatory Reforms, Investment Friendliness Index of States.
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Jan Vishwas Bill 2.0: Decriminalize more than 100 provisions in various laws.
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6. Fiscal Policy
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Fiscal Consolidation: Commitment to reducing fiscal deficit.
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Revised Estimates 2024-25: Fiscal deficit at 4.8% of GDP.
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Budget Estimates 2025-26: Fiscal deficit estimated at 4.4% of GDP. Please? above i
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1 个月The focus is back on agriculture; as Mahatma Gandhi once said "Back to Village". Seems to be the best budget of this regime ...