The 2025 Union Budget_ India’s Strategic Push for Growth and Development.pdf

The 2025 Union Budget of India presents a vision of inclusive growth and development. With key reforms aimed at boosting the middle class, enhancing infrastructure, creating millions of jobs, and investing in cutting-edge technologies, the budget is poised to stimulate both economic and social progress. By focusing on tax relief, job creation, R&D, and strategic sector enhancements, the budget lays a solid foundation for a prosperous future for India.

1. The 2025 Union Budget: India’s Strategic Push for
Growth and Development

2. Introduction
Nirmala Sitharaman on February 1, is a significant step towards advancing Indiaʼs
economic development. With a focus on empowering the middle class, fostering
innovation, improving infrastructure, and creating job opportunities, the budget
outlines a roadmap for India's long-term prosperity. This comprehensive set of reforms
aims to elevate the nation's global competitiveness and drive sustainable economic
growth.

3. Tax Reforms - Enhancing Disposable Income
A major component of the Union Budget 2025 is the overhaul of the tax system. Income
tax will be eliminated for individuals earning up to Rs 12 lakh annually, providing
considerable financial relief to millions of middle-class families. This reform will
increase disposable income, which in turn is expected to stimulate consumption and
contribute to economic growth. The government aims to empower the middle class,
support domestic demand, and create a more robust economic environment.

4. Infrastructure Investments - Fueling Economic
Growth
The Union Budget 2025 allocates a massive Rs 11.21 lakh crore towards infrastructure
development, focusing on critical sectors such as energy, transportation, and
technology. This strategic investment is aimed at improving productivity, creating new
jobs, and enhancing Indiaʼs global competitiveness. By strengthening the nationʼs
infrastructure, the government is laying a solid foundation for sustainable growth in the
years to come.

5. Job Creation - Fostering High-Potential Sectors
The Union Budget 2025 sets an ambitious target to create 22 lakh new jobs, particularly
in high-growth sectors like footwear, leather, and manufacturing. To achieve this, the
government will provide dedicated support to these sectors, aiming to increase their
productivity and global competitiveness. Furthermore, the budget emphasizes skill
development initiatives to ensure that the workforce is equipped to adapt to the rapidly
evolving demands of the economy.

6. Research and Development - Promoting
Innovation
In a bid to position India as a global leader in emerging technologies, the Union Budget
2025 allocates Rs 20,000 crore for private-sector research and development. This
funding will support advancements in fields such as artificial intelligence,
biotechnology, and advanced manufacturing. By focusing on innovation, India seeks to
stay ahead of the technological curve and become a competitive force in the global
market.

7. Strategic Enhancements in Maritime and MRO
Sectors
The budget introduces several key policy measures aimed at strengthening Indiaʼs
maritime and Maintenance, Repair, and Overhaul (MRO) sectors. These include a
10-year exemption on goods related to shipbuilding and shipbreaking and the
extension of export services related to railway repair. These strategic initiatives are
designed to enhance Indiaʼs competitiveness in global maritime and logistics industries.

8. Abhay Bhutada’s Vision
Abhay Bhutada, Vice Chairman of Rising Sun Holdings, has expressed strong support for
the Union Budget 2025, commending its inclusive approach to growth. Bhutada, leader
of Abhay Bhutada Foundation emphasizes that the budgetʼs focus on education,
infrastructure, and innovation will drive both economic and social progress. With a
balanced strategy that addresses various sectors, the Union Budget 2025 sets India on a
path toward long-term prosperity, ensuring that the benefits of growth are shared
across all segments of society.