Title: Budget 2025: People-Centric Measures and New Pathways for Economic Growth

New Delhi – Prime Minister Narendra Modi has hailed the Union Budget 2025 as a "People's Budget," emphasizing that it is a crucial milestone for India's economic growth, public welfare, and financial stability.

Finance Minister Nirmala Sitharaman, in her budget speech, announced several significant measures, including tax relief, agricultural reforms, an increase in defense spending, private sector participation in nuclear energy, and major advancements in the healthcare sector.

Key Highlights:

1. Tax Relief – A Major Benefit for the Middle Class

The government has provided significant tax relief for salaried individuals and the middle class, aiming to increase disposable income and encourage investments. This move is expected to boost savings and create new financial opportunities.

2. Agricultural Reforms – A New Era for Farmers

The budget includes major reforms for agriculture and rural development, with financial schemes, modern irrigation projects, and the promotion of advanced agricultural technology to support farmers.

3. Historic Decision – Private Sector Entry in Nuclear Energy

PM Modi called the decision to allow private companies to participate in the nuclear energy sector a historic step. This initiative will help meet the country’s growing energy demands and promote technological advancements in clean energy.

4. Increased Defense Budget – National Security as a Priority

The government has increased the defense budget by 7.6%, allocating ₹4.91 lakh crore for the upcoming financial year. This will strengthen the armed forces with modern weaponry and advanced technology, ensuring better national security.

5. Revolutionary Steps in Healthcare

• Customs duty has been removed from 36 life-saving cancer drugs to ensure affordable and high-quality treatment for patients.
• New medical colleges and additional postgraduate medical seats will be introduced to increase the number of trained medical professionals in the country.

6. Infrastructure and Economic Growth

The budget focuses on real estate, urban development, and India's integration into the global economy through key reforms:

• A National Framework for Global Capability Centers (GCCs) has been introduced to boost economic growth in Tier-2 cities.
• The government has allocated special funds for digital technology, automation, and artificial intelligence (AI) to accelerate industrial and economic progress.

Prime Minister Narendra Modi’s Statement:

"This budget is not about filling the government treasury; rather, it focuses on filling the pockets of citizens. It increases their savings, enhances investment opportunities, and makes every citizen a partner in India's growth story."

The Union Budget 2025 lays down a clear roadmap for a balanced, inclusive, and developed India, addressing current economic challenges while building a stable and prosperous future.