Union Budget 2025

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The Union Budget 2025 brings bold reforms to boost the economy, create jobs, and drive innovation. With a strong focus on tax relief, infrastructure, and emerging technologies, the government aims to strengthen businesses and improve citizens’ lives.

Big Tax Relief for the Middle Class

In a major move, the government has increased the tax rebate limit from ₹7 lakh to ₹12 lakh. This will leave more money in the hands of taxpayers, boosting spending and savings. Homebuyers also get a push, with a tax exemption on home loans up to ₹50 lakh.

For businesses, corporate tax remains at 22% for existing firms and 15% for new manufacturing companies. Additionally, tax incentives for electric vehicles, renewable energy, and AI startups encourage innovation and investment.

 

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Employment and Skill Development Drive

To tackle unemployment, the government has allocated ₹30,000 crore for skill development. The National Apprenticeship Training Scheme will provide 5 million youth with industry exposure. A new initiative also offers ₹5,000 per month to unemployed graduates for one year, supporting their job search.

MSMEs and Startups Get a Boost

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the economy, and the government is backing them with a ₹75,000 crore credit guarantee scheme. Compliance rules are being relaxed to make business operations easier. Startups in AI, biotechnology, and fintech will benefit from tax breaks and funding support to fuel their growth.

Massive Infrastructure Expansion

A whopping ₹12 lakh crore has been allocated for infrastructure projects. The plan includes 5,000 km of new highways, metro expansions in 10 cities, and subsidies for regional air connectivity. These developments aim to improve transportation and boost economic activity.

AI and Tech Innovation Take Center Stage

The government has allocated a ₹20,000 crore fund for AI research and development. Universities will establish AI training centers to equip students with future-ready skills. Additionally, the government is introducing a national AI policy to regulate and support AI-driven businesses.

Agriculture and Rural Development

To support farmers, the government will provide ₹8,000 per year under the PM-KISAN scheme. Zero-interest loans will help reduce financial stress for farmers. The rural employment program receives ₹50,000 crore, ensuring steady job opportunities in villages.

Healthcare and Social Welfare Upgrades

The Ayushman Bharat scheme now includes senior citizens above 60. With a budget of ₹80,000 crore, hospitals and healthcare centers will be improved. The free healthcare initiative has expanded to cover cancer treatments and organ transplants.

Stronger Defense and Security Measures

India’s defense budget has increased by 10%, reaching ₹6 lakh crore. The government is modernizing weapons, improving cybersecurity, and boosting personnel benefits. The Make in India policy will strengthen local defense manufacturing.

Education Goes Digital

The education sector gets ₹1.5 lakh crore, focusing on smart classrooms, digital learning, and AI-powered teaching tools. To bridge the digital divide, the government will distribute 5 million free tablets to students. Scholarships for STEM students receive a ₹10,000 crore boost.

Green Energy and Sustainability Push

With a ₹2 lakh crore investment, the government is promoting solar and wind energy projects. The goal is to achieve 50% renewable energy by 2030. Incentives for electric vehicles and green startups will encourage sustainable innovations.

Final Thoughts

The Union Budget 2025 is designed to accelerate economic growth, generate employment, and drive technological progress. Tax cuts, infrastructure investment, and business-friendly policies make it a forward-looking plan. With strong support for AI, MSMEs, and green energy, the future looks promising for citizens and businesses alike.

 

 

 

 

 

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