Union Budget 2025-26

The Union Budget 2025-26 of India, presented by Finance Minister Nirmala Sitharaman, focuses on stimulating balanced growth across all sectors

• The Union Budget 2025-26focuses on four key engines of development: agriculture, MSMEs, investment, and exports.
• The theme of the budget is “Sabka Vikas,” aiming to promote inclusive growth across all sectors.
• It proposes measures to support the poor (Garib), youth, farmers (Annadata), and women (Nari).
• A Makhana Board will be established in Bihar to enhance production, processing, and value addition of Makhana.
• A National Institute of Food Technology, Entrepreneurship, and Management will be set up in Bihar to promote food processing, skilling, and entrepreneurship.
• A new urea plant with a capacity of 12.7 lakh metric tons will be established in Assam to boost agricultural productivity.
• The Prime Minister Dhan-Dhaanya Krishi Yojana will cover 100 low agricultural productivity districts, benefiting 1.7 crore farmers by improving irrigation and storage facilities.
• The budget proposes no income tax for annual incomes up to ₹12 lakh, with an extension to ₹75 lakh for salaried taxpayers with deductions.
• The Kisan Credit Card (KCC)limit is raised from ₹3 lakh to ₹5 lakh to benefit 7.7 crore farmers.
• Greenfield airports will be developed in Bihar, with expansions at Patna and Bihta (Patna) airports.
• The Economic Survey for 2024-25 projects a real GDP growth for FY26 between 6.3% to 6.8%.