India's Vision for 2025_ Key Highlights of the Union Budget.pdf

This PowerPoint presentation summarizes the key highlights of India's Union Budget 2025, presented by Finance Minister Nirmala Sitharaman. It focuses on major reforms designed to stimulate economic growth and create opportunities across various sectors. The content emphasizes tax relief for the middle class, increased infrastructure funding, job creation strategies, and investments in research and development. Additionally, it discusses policy changes aimed at strengthening India’s maritime and MRO industries, as well as the endorsement of the budget by philanthropist Abhay Bhutada, who highlights its potential for inclusive growth. The presentation concludes with a vision for India's future prosperity.

1. India's Vision for 2025: Key
Highlights of the Union Budget

2. Introduction
In the Union Budget of 2025, Finance Minister Nirmala Sitharaman introduced
transformative economic reforms aimed at ensuring long-term growth and prosperity
for India. The budget, presented on February 1, 2025, focuses on critical areas such
as infrastructure, job creation, tax relief, and innovation. These initiatives aim to
position India as a global leader in the coming years, fostering economic resilience
and improving the quality of life for its citizens.

3. Tax Relief for the Middle Class
A major highlight of the Union Budget 2025 is the tax relief provided to the middle
class. The government has introduced a provision that eliminates income tax for
individuals earning up to Rs 12 lakh annually. This initiative will significantly
reduce the tax burden on the middle-income group, leading to an increase in
disposable income. The increased purchasing power is expected to stimulate
domestic demand, which, in turn, will boost economic growth and improve living
standards across India.

4. Strategic Investment in Infrastructure
The Union Budget 2025 places a significant emphasis on infrastructure
development, allocating Rs 11.21 lakh crore for capital expenditure in the fiscal year
2025-26. This substantial investment will be directed toward the modernization and
expansion of key sectors such as transportation, energy, and technology. By
focusing on upgrading critical infrastructure, the government aims to create jobs,
enhance productivity, and improve India’s global competitiveness, ensuring
sustainable economic growth in the long run.

5. Job Creation through Industrial Development
The Union Budget 2025 introduces initiatives aimed at creating 22 lakh new jobs,
particularly in the footwear and leather industries. The government plans to raise
industry standards, increase productivity, and strengthen global competitiveness to
generate sustainable employment opportunities. In addition, there is a focus on skill
development, ensuring that workers are equipped with the necessary expertise to
meet the demands of an evolving job market, thus creating a stable and adaptable
workforce for the future.

6. Fostering Innovation and Research
A key component of the Union Budget 2025 is the allocation of Rs 20,000 crore to
support private-sector research and development (R&D). The funding will focus on
emerging industries such as artificial intelligence, biotechnology, and advanced
manufacturing. The government’s investment in R&D aims to foster innovation,
encourage technological advancements, and ensure that India remains a competitive
force on the global stage. This initiative is crucial for laying the groundwork for
future economic growth and leadership in cutting-edge industries.

7. Enhancing India’s Maritime and MRO Sectors
The Union Budget 2025 also includes policy changes aimed at boosting India’s
maritime and Maintenance, Repair, and Overhaul (MRO) sectors. The budget
proposes a 10-year exemption on goods related to shipbuilding and shipbreaking.
Additionally, there is an extension on the export of railway goods for repairs. These
changes are designed to stimulate growth in India’s transportation and logistics
sectors, create employment, and improve the country’s global position in MRO
services, contributing to overall economic expansion.

8. Abhay Bhutada’s Perspective on Inclusive Development
Philanthropist Abhay Bhutada has voiced strong support for the Union Budget
2025, particularly its focus on inclusive growth. Bhutada, who leads the Abhay
Bhutada Foundation that supports underprivileged students, praises the budget’s
emphasis on education, infrastructure, and innovation. He believes these provisions
will help bridge societal gaps, contributing to equitable growth and a brighter future
for all citizens of India. The budget’s forward-thinking initiatives align with
Bhutada’s vision of a prosperous, inclusive, and dynamic India.