Budget is by the people, for the people, says Nirmala Sitharaman
The Hindu
Finance Minister Nirmala Sitharaman addresses middle class concerns in Union Budget, with PM Modi's support for tax cuts.
Paraphrasing Abraham Lincoln, Finance Minister Nirmala Sitharaman on Sunday (February 2, 2025) described the Union Budget as "by the people, for the people, of the people", and said Prime Minister Narendra Modi was fully behind the idea of cutting taxes but it took time to convince the bureaucrats.
"We have heard the voice of middle class" who had been complaining about their aspirations not being met despite being honest taxpayers, she told PTI in an interview.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
Rajasthan CM praises 2025-26 Union Budget for balanced development, while Congress criticizes neglect of state projects and issues.
Madhya Pradesh CM praises Union Budget 2025 for special provisions for poor, women, youth, farmers, start-ups, innovation, and AI.
Odisha Chief Minister praises historic Union Budget benefiting all sections of society, while former CM criticizes lack of job focus.
Union Finance Minister Nirmala Sitharaman announces ₹20,000 crore for employment generation scheme, with mixed reactions from trade unions.
Chief Minister Revanth Reddy meets Ministers to discuss Union Budget discrimination, MLAs' dinner meeting, and State development funds.
The Budget attempts to revive growth by stimulating aggregate demand in the economy, with a crucial role assigned to the industrial sector
Union Budget 2025 receives mixed reviews from business leaders, highlighting infrastructure, technology, and income tax reforms.
Budget 2025 aims to revamp shipbuilding with financial assistance, infrastructure status for large ships, and incentives for shipbreaking.
Budget 2047 aims for 7.5% GDP growth, focusing on inclusive growth through agriculture, MSMEs, investment, and exports.
Finance Minister Nirmala Sitharaman announces raising FDI limit in insurance sector to 100%, attracting global investments and fostering innovation.
At a time when the MGNREGS, the flagship rural employment programme, is running on a deficit of ₹9,754 crore, there has been no hike in fund allocation in the 2025-26 Budget.
India scraps 2.5% duty on smartphone components to boost exports, with industry welcoming the move for cost competitiveness.
To accommodate the ‘Gyan Bharatam Mission’, budget allocation for the National Manuscripts Mission (NMM) has been hiked from ₹3.5 crore to ₹60 crore.
Nirmala Sitharaman’s Union Budget 2025 Presentation stirs Sensex and Nifty rally ahead, with market reactions expected to be quick and short-lived.
The Budget has proposed the setting up of a Maritime Development Fund to support India’s maritime sector by providing financial assistance, via equity or debt securities, which will directly benefit in financing for ship acquisition and aims at boosting Indian-flagged ships’ share in the global cargo volume up to 20% by 2047.
Union budget announcements in textile sector welcomed, including Mission on Cotton Productivity, boosting exports and domestic consumption.
Union Budget 2025-26 boosts education funding, introduces Bharatiya Bhasha Pustak Scheme, and focuses on AI and infrastructure development.
CPI(M) leader criticizes Union Budget for neglecting states like Bengal, farmers, women, and poor, alleging discrimination and political motives.