Union Budget 2025: Centre to focus on increasing women’s financial empowerment
The Hindu
Union Budget 2025-26 prioritizes women's financial independence with increased allocations for empowerment schemes and entrepreneurship loans.
The Union Budget for 2025-26 presented on Saturday (February 1, 2025) focusses on enhancing financial independence of women and providing them an enabling atmosphere to work.
The aim was get 70% women in economic activities, Finance Minister Nirmala Sitharaman mentioned in the Budget speech.
The total allocation for the Women and Child Development Ministry is ₹26,889 crore. This is an increase from a Revised Estimate of ₹23,182 last year. The allocation in the last budget had been ₹26,092 crore.
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In order to facilitate financial independence for women, the budget also announced a new scheme under which five lakh women would be provided entrepreneurship loans of up to two crore for the next five years.
The scheme will incorporate lessons from the successful Stand-Up India scheme. Online capacity building for entrepreneurship and managerial skills will also be organised.
Ms. Sitharaman also announced that the cost norms for the nutritional support under the Saksham Anganwadi and Poshan 2.0 programme would be enhanced appropriately.
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Union Budget 2025-26 prioritizes women's financial independence with increased allocations for empowerment schemes and entrepreneurship loans.
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