The Union Budget 2025-26 is framed as a strategic step toward building a "Viksit Bharat" (Developed India), focusing on inclusive growth, rapid economic expansion, and enhancing private sector investment.
Key highlights of the budget include:
Agriculture: The 'Dhana Dhanya Krishi Yojana' will be implemented in 100 districts, benefiting 1.75 crore farmers. Additionally, the Kisan Credit Card (KCC) limit has been increased to ₹5 lakhs, benefiting 7.7 crore farmers, and a six-year plan for pulse self-reliance has been introduced.
MSME & Industry: Credit guarantee coverage for micro-entrepreneurs has been increased to ₹10 crores. The budget provides special focus on the footwear, leather, and toy manufacturing sectors, along with the issuance of customized credit cards.
Social & Human Investment: The government aims to boost health and education through 10,000 additional medical seats, 200 cancer centers, and expanded social security for approximately 1 crore gig workers. Skill development initiatives include establishing 5 National Centers of Excellence.
Infrastructure & Economy: The budget emphasizes PPP-based infrastructure projects and allocates funds for urban development. It targets 100% water coverage under the Jal Jeevan Mission by 2028.
Innovation & Exports: New measures include a Deep tech fund for startups and ISRO's second gene bank to ensure future food and nutrition security. A unified digital platform, "Bharat Trade Net," will support export documentation and financing.
Taxation & Financial Reforms: The new tax regime exempts income up to ₹12 lakhs. FDI in the insurance sector has been increased from 74% to 100%.
Energy & Tourism: A target has been set to produce 100GW of nuclear energy by 2047, and 50 major tourist sites related to Buddha will be developed.
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