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Women work at a garment unit in Madurai. | Photo Credit: G. Moorthy Assuming a conservative GDP growth rate of 10.1% for FY26, the Budget accords priority for fiscal consolidation. The ‘cautious’ GDP forecast appears to be realistic for tax revenue projections, given the uncertainties in the global economy and growth slowdown in the domestic…
A farmer walks across a wheat field on the outskirts of Amritsar. | Photo Credit: AFP A Budget is the response of a government to the challenges in the economy. The effort in the Economic Survey 2024-25 was to spin a positive narrative on the state of Indian agriculture. It claimed that Indian agriculture remained…
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The Union Budget 2025-26 earmarked ₹6.81 lakh crore — or 13.4% of total Central government expenditure — for the Ministry of Defence (MoD). Of the MoD’s total budget, ₹4.92 lakh crore, or 72%, is meant for the Defence Services (primarily the Army, Navy, Air Force and the Defence Research and Development Organisation). About ₹1.61 lakh…
Read More “Union Budget 2025: Defence budget falls short of expectations” »
Students eat their lunch under the mid-day meal scheme in Vijayawada. | Photo Credit: The Hindu The Budget speech mentions six principles of ‘Viksit Bharat’: zero-poverty, quality education, comprehensive healthcare, meaningful employment, inclusion of women in economic activities, and farmers’ well being. This is followed by 10 broad areas that the proposed development measures span….
Read More “The social sector is again the target of spending cuts” »
Watch: Union Budget 2025 | What’s in it for Railways? Allocation to developing customer amenities in Indian Railways has continued to decline from ₹15,510 crore in FY 2024-25 (budget estimate) to ₹12,993.97 crore (revised estimates) and now to ₹12,118.39 crore in the FY 2025-26. Also, the allocation for investment in PSUs and joint ventures has…
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India stands at a defining moment, where AI-driven innovation, digital infrastructure, and a future-ready workforce will determine its global leadership in the digital economy. The Union Budget 2025 is more than a fiscal plan — it is a bold blueprint for a stronger Digital India, prioritising technology-led development, AI-driven modernisation, and inclusive economic growth. As…
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Union Home Minister Amit Shah at a public meeting ahead of Assembly polls, in New Delhi | Photo Credit: X/@AmitShah Addressing a rally in north-east Delhi’s Mustafabad on Saturday, Union Minister Amit Shah hailed the Union Budget, saying it has brought smiles to the Purvanchali community and the middle class. “Prime Minister Narendra Modi has…
Read More “In poll-bound Delhi, Shah says Budget has made Purvanchalis, middle class happy” »
Budget 2025 round-up: A bonanza for the middle class Ahead of the Budget, there was an expectation that the government would provide some relief for the middle class, which has been stuck in a rut lately. FM Nirmala Sitharaman delivered a big announcement for this class — in her Budget speech, she announced that…
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Kumar Mangalam Birla, Chairperson, Aditya Birla Group, says the Budget also focuses on power sector revitalisation, particularly in electricity distribution and intra-State transmission. | Photo Credit: The Hindu Finance Ministers face a perennial balancing act when crafting Budgets. They must articulate the government’s broader policy vision while maintaining fiscal discipline — a task that is…
Read More “Union Budget 2025: A clear road map for Viksit Bharat” »
Watch | Union Budget 2025: What’s in it for MSMEs? Presenting the Budget for 2025-26, Union Minister Nirmala Sitharaman said there are over 1 crore registered MSMEs, employing 7.5 crore people, and generating 36% of our manufacturing. These MSMEs have positioned India as a global manufacturing hub, with 45% of our exports coming from them….
Read More “Watch | Union Budget 2025: What’s in it for MSMEs?” »
