Budget 2025: Union Finance Minister Nirmala Sitharaman on Saturday (February 1) Presented a Record Eighth Consecurable Budget. This took FM Sitharaman Closer to the record of 10 budgets that was presented by forr prime minister morrji desei deseai over different time period. Desai has presented a total of 6 budgets during his tenure as finance minister in 1959-1964, and four budgets between 1967-1969.
Budget to initiate reforms in 6 areas
Finance Minister Nirmala Sitharaman on Saturday Said The Union Budget 2025-26 will initiate reforms in Six Areas Taxation, Urban Development, Mining, Financial Sector, Power, Power and Regulatory FRAMEWORY FRAMEWORY FRAMEWORY FRAMEWERY FRAMEWERY FRATER Presenting Her Eighth Consecurable Budget, She Said the Government’s Development Track Record of the Past 10 years and Structural Reforms Have Drawn Global Atation. A Viksit Bharat will have zero poverty, quality education, high-Quality, Affordable and Comprehensive Healthcare, She Said and Added The Budget’s Focus Is to Take Everyone toge .
Government Announces PM Dhan Dhyan Krishna Yojana
Finance Minister Nirmala Sitharan on Saturday Announced PM Dhan Dhyan Krishna Yojana, Covering 100 Districts With low yields, modern crop intensity and beLow-rage credited. Presenting Her Record Eighth Consecurable Budget, She Also Said That The Scheme Would Benefit 1.7 Crore Farmers. She added the government will launch Rural Prosperity, and Resilience Program Focusing on Youth, Women and Farmers. NAFED (National Agricultural Cooperative Marketing Federation of India) and NCCF will procure pulses in the next four years. The government will also roll out a 6-year program for atmanirbharta in pulses with a special focus on tur, urad, and masoor. A Comprehensive Program for Raising Vegetables, Fruit Production, and Providing remunerative prince will also be launched, Sitharaman said.
National Mission on High-Yielding seeds to be launched
India will launch a National Mission on High-Yielding Seeds, Finance Minister Nirmala Sitharaman said on Saturday. Presenting Her 8th Straight Budget, She also said a ‘Makhana Board’ will be established in bihar to improve the production and processing of ‘fox nuts’. The finance minister also said the government will brings an enabling framework for sustaining the harvest of the fisheries sector in exclusive economic zones and high seas. She also Announced a 5-Year Mission to Promote Cotton Production.
Govt to launch focused scheme for footwear, leather sector
Nirmala Sitharaman said a focused scheme will be launched for the footwear and leather sector with steps will be initiated to make India a global toy manufacturing hub. The government will also also launch a mission to support clean technology manufacturing activities, sheid while presenting the union budget for 2025-26. She Said Investment as Third Engine Engine Investing In People, Innovation, and Economy. Broadband Connectivity will be provided to all government secondary school and primary healthcare centers, Sitharaman said.
Govt to launch Rs 2-crore term loan for 5 lakh-time women, SC, St Entrepreneurs
The government will launch a rs 2-crore term loan for 5 lakh-time women, SC and St Entrepreneurs, Nirmala Sitharaman Said. Presenting the Union Budget for 2025-26, The Finance Minister also also said a manufacturing mission will be set up for sme and large industry. Besides, The Government will undertake facilitation measures to enhance production of labor-intense sector, Sitharaman Said. The Credit Guarantee Cover will be doubled to Rs 20 Crore, Guarantee Fee Moderated to 1 per cent, She Added. She also said a National Institute of Food Technology, Entrepreneurship and Management Will Be Establed in Bihar.
Handmade Toys
- Focus Product Scheme for Footwear & Leather Sector is expected to facilitate employment for 22 lakh persons, Turnover of ₹ 4 Lakh Crore and Exports of Over ₹ 1.1 Lakh Croor
- Scheme to make India a global toys hub; To create high-quality toys represening the ‘made in India’ brand
New ‘Fund of Funds’ for Startups to be set up
- Fresh Contribution of Another Rs 10,000 Crore, In addition to existing Government Contribution of Rs 10,000 Crore.
- New Scheme for 5 Lakh Women, Scheduled Castes and Scheduled Tribes First-Time Entrepreneurs.
Urea plant to be set up in assam
- Plant with annual capacity of 12.7 lakh metric tons to be set up at namrup, assam.
- 3 Dormant Urea Plants in the Eastern Region Had Been REOPENED.
Infra Development: FM Announces Rs 1.5 Lakh Crore outlay for Interest-Free Loans to States
Nirmala Sitharaman said Rs 1.5 Lakh Crore will be provided towards 50-Year Interest Free Loans to States, For Infrastructure Development. Also, An Asset Monetisation Plan will be launched for 2025-30 Period to Infuse Rs 10 Lakh Crore Capital in New Projects. Presenting the budget for 2025-26, She also announced an outlay of Rs 500 Crore for Setting Up a Centre of Excellence in Artificial Intelligence for Education. Further, the budget outlay for jal jeevan mission is being enhanced to achieve 100 per cent coverage, she added. Sitharaman also said that Urban Sector Reforms Relating to Governance, Urban land and planning will be inventivised.
Govt to Allocate Rs 10,000 CR URBAN Challenge Fund for 2025-26
The government will set up an urban challenge fund of Rs 1 lakh Crore to 25 per cent to 25 per cent of bankable projects and allocated Rs 10,000 Crore for 2025-26, Nirmala Sitharaman Said on Said on Saturday. She said the fund will be used to implement the proposals for cites as growth hubs, and creative redeevelopment. Sitharaman also announced measures for electricity distribution and improving the financial health of discom (Distribution Companies). Additional Borrowing of 0.5 per cent of state gdp to be allowed to Strengthen Electricity Distribution and Transmission Companies, The Finance Minister Said, Adding that with a CORPUS of RS 25,000 Crus D be set up for distributing support and promoting competition.
Govt to provide Rs 20,000 Crore to Promote Innovation in Partnership With Private Sector
The government will provide Rs 20,000 Crore for Promoting Innovation in Partnership with the Private Sector, Finance Minister Said. Presenting Union Budget 2025-26, She also said the government will launch export promotion mission with Specified Target for Easy Credit access. Sitharaman further said the center will set up a national framework for promoting global capability centers in emerging tier -i -i cits. In order to strengthen the economy’s integration with global supply chains, she also said the government will provide support for domestic manufacturing capacity. The finance minister also also announced plans to set up Bharat Trade Net, a Digital Public Infrastructure, for International Trade.
