Budget 2025 with DTE

Catch live coverage of the Union budget from an environmental prism with Down To Earth
Budget 2025 with DTE
Finance Minister Nirmala Sitharaman leaves from the Ministry of Finance for Rashtrapati BhavanPhoto: @DDNewslive / X

Personal income tax reforms with special focus on middle class, says FM

Reduce basic customs duty of frozen fish paste from 30% to 5%: FM

Basic customs duty slashed on raw materials to promote ship building and ship breaking industry

35 capital goods to be exempted from basic customs duty for EV batteries and 28 capital goods to be exempted from basic customs duty for mobile phone batteries to enhance domestic manufacturers 

Cobalt powder and waste, scrap of lithium ion battery, lead and other minerals exempted from customs duty 

36 life-saving drugs to be added to list of medicines fully exempted from customs duty: FM

Jan Vishwas Bill 2.0 to decriminalise over 100 provisions in various laws: FM 

Investment-friendliness index of states to be launched in 2025: FM

Revamped central KYC registry to be rolled out in 2025: FM

New income tax bill to be released next week: FM

India to start a national geo spatial mission to develop spatial data to modernize land records: FM

Government to promote warehousing of horticultural air cargo: FM

Gene banks for future food security to be developed. 

10,000 fellowships to be provided under the PM Fellowship Scheme: FM

ERM Project for Western Kosi Canal. Assistance will be given to Mithilanchal farmers.

Ship-breaking yards and ship building to be promoted: FM

Maritime Development Fund to be set up with corpus of Rs 25,000 crore for distributed support and promoting competition 

Nuclear Energy Mission for research and development of small modular reactors at an outlay of Rs 20,000 crore: FM  

Jal Jeevan mission extended until 2028 with enhanced total outlay to achieve 100 per cent coverage: FM

Centre of Excellence for AI in education to be set up with total outlay of Rs 500 crore: FM

Centre to help facilitate day-care cancer centres in all district hospitals over next 3 years: FM

National Centre for Excellence for skilling, five such centres will be set up with global expertise and partnerships to equip youth with skills required

50 lakh Atal Tinkering Labs to be set up in schools. Broadband connectivity to be provided to all secondary schools and primary healthcare centres under Bharat Net Scheme.

Sakhsham Anganwadi and Poshan nutrition programme will be enhanced appropriately:FM

Mission for manufacturing will support clean technologies such as PV solar cells, motors, wind turbines, high voltage transmission equipments and others.

National Institute of Food Technology in Bihar announced by FM 

New scheme to develop entrepreneurship among women, Scheduled Castes and Scheduled Tribes with a total corpus of over Rs 2 crore: FM

Atmanirbharta in urea production to further augment urea supply, plant with annual capacity of 12.7 lakh metric tonnes will be set up in Assam

5-year mission for cotton-growing farmers to enhance cotton productivity, boost productivity and sustainability of cotton: FM

Sustainable harnessing of fisheries from high seas with focus on Andaman and Nicobar and Lakshadweep Islands: FM

National mission in high yielding seeds: FM

Makhana board in Bihar will be established in the state. It will provide handholding and training support to Makhana farmers

Comprehensive programme to promote production, efficient supply vegetables and fruits will be launched in partnership with states

Atmanirbharta in pulses and edible oil: Six-year mission for Atmanirbharta in pulses with special focus on tur, arhar, and masur

PM Dhan Dhanya Krishi Yojana, a programme  for developing agri districts will be done in partnership with states through convergence of existing schemes. It will cover 100 districts with low productivity, aims to enhance agri productivity, adopt crop diversification and sustainable agri practices. It will augment post-harvest storage at Panchayat and block level availability and is  likely to help 1.7 crore farmers

Poverty makes an appearance after a long time in FM's speech. By 2030, under the SDGs, India has to eradicate extreme poverty. There is no official estimate in India since 2011-12.

Agriculture, MSMEs, exports, investment 4 engines of reforms: FM 

Development measures in this budget span 10 broad areas: FM

Next 5 years a unique opportunity for balanced growth of all regions of India

Nirmala Sitharaman begins Budget Speech

There may be provision for Price Stability Corpus in the Budget

Budget expected to continue with the ongoing trend of supporting solar, while it remains unclear whether the government will choose to go big on contentious issue like river interlinking.

Alongside adaptation, the budget will try to balance on mitigation by investing in the development of electrical vehicle (EV) infrastructure in the country: Experts

Budget of 2025-26 may place significant emphasis on the adaptation finance linked to climate change, a senior ecological economist of the country told DTE.

Indian economy expected to grow at 6.3-6.8 per cent in 2025-26, as per Economic Survey tabled on January 31.

Budget expected to contain measures which will ease burden on middle class, as per media reports.

Finance Minister Nirmala Sitharaman to present record eighth consecutive budge.

Welcome to the live coverage of the Union Budget 2025 with Down To Earth.

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Union Budget 2025
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