Finance Minister Nirmala Sitharaman offered the primary full funds of Modi 3.0 on 1 February 2025. The Union Cupboard, led by PM Modi, accredited the funds earlier than its presentation in Parliament.
Sitharaman highlighted the funds’s deal with boosting personal sector investments, uplifting family sentiment, and strengthening India’s center class.
Union ministers Amit Shah, Rajnath Singh, Gajendra Singh Shekhawat, and Pralhad Joshi had been seen heading to Parliament forward of the presentation. Following a gathering with President Droupadi Murmu, Sitharaman obtained the standard ‘dahi-cheeni’ earlier than presenting the funds.
That is Nirmala Sitharaman’s eighth consecutive funds presentation, overlaying fiscal methods, income, expenditure, tax reforms, and key bulletins.
Union Funds 2025: Sitharaman Calls Subsequent 5 Years a Distinctive Alternative for ‘Sabka Vikas’
Finance Minister Nirmala Sitharaman highlighted India because the fastest-growing main financial system, with world confidence in its potential rising over the previous 10 years. She known as the following 5 years a novel alternative to attain ‘Sabka Vikas’ by selling balanced development throughout all areas.
Union Funds 2025: FM Sitharaman Highlights Key Targets of Funds 2025
FM Nirmala Sitharaman mentioned the Funds goals to spice up personal sector investments, uplift family sentiment, and empower India’s rising center class. The Funds focuses on 10 key areas: poor, youth, farmers, girls, employment, MSMEs, investments, manufacturing, exports, and constructing rural prosperity and resilience.
Union Funds 2025: Finance Minister Says Funds Continues Efforts to Speed up Development
FM Nirmala Sitharaman said that the Funds for FY26 continues efforts to speed up development and guarantee inclusive growth. That is the 14th consecutive Funds underneath the Modi authorities, together with two interim Budgets offered earlier than the 2019 and 2024 common elections.
Union Funds 2025: Finance Minister lists focus areas of Funds 2025
- Speed up development
- Safe inclusive growth
- Invigorate personal sector funding
- Uplift family spending, and
- Improve spending energy of India’s rising center class
Union Funds 2025: Nirmala Sitharaman broadcasts PM Dhan Dhanya Krishi Yojana
FM introduced that the centre will launch the PM Dhan Dhanya Krishi Yojana in partnership with the states, which can cowl 100 districts within the nation, and greater than 1.7 crore farmers will profit from this scheme. The scheme goals at augmenting storage and crop diversification, facilitating lengthy and short-term credit score for farmers, and enhancing irrigation.
Union Funds 2025: 6-Yr Mission for Aatmanirbharta in Pulses with Give attention to ‘Tuver, Udad, and Masoor Dals’
FM Nirmala Sitharaman introduced a 6-year mission for Aatmanirbharta in pulses, specializing in ‘tuver, udad, and masoor dals.’ A Nationwide Mission on high-yield seeds can even be launched.
A Makhana Board shall be arrange in Bihar to boost the manufacturing, processing, and worth addition of Makhana, with individuals engaged in FPOs. The board will provide steering and trade-related applied sciences whereas additionally guaranteeing that farmers profit from all related authorities schemes.
Moreover, Finance Minister Nirmala Sitharaman introduced the institution of a Nationwide Institute of Meals Know-how in Bihar to advertise entrepreneurship, foster growth, and improve farmers’ incomes.
Union Funds 2025: Sitaraman broadcasts Kisan Credit score Card facilitates
Sitharaman mentioned, “Kisan Credit score Card facilitates short-term loans for 7.7 crore farmers, fishermen and dairy farmers. The mortgage restrict underneath modified curiosity subvention scheme shall be enhanced from Rs 3 lakh to Rs 5 lakh for loans taken by means of the KCC. For self-reliance in urea manufacturing, our govt had reopened three dormant urea plans within the japanese area to additional increase urea provide – a plant with an annual capability of 12.7 lakh metro tonnes shall be arrange at Namrup in Assam.”
Union Funds 2025: Funds 2025 to Give attention to 6 Key Domains
FM Nirmala Sitharaman introduced that the Funds will introduce reforms in six areas: taxation, city growth, mining, monetary sector, energy, and regulatory reforms.
Sitharaman emphasised that “Viksit Bharat” will deal with zero poverty, high quality training, and inexpensive, high-quality healthcare. The Funds prioritises inclusive development, guaranteeing that nobody is left behind.
Union Funds 2025: Urea Plant to Be Established in Assam to Enhance Urea Provide
A urea plant with an annual capability of 12.7 lakh metric tons shall be arrange at Namrup, Assam. Three dormant urea vegetation within the Jap area have been reopened. As a part of a Rs 500 crore funding, the initiative will set up two new Nano Urea vegetation aimed toward upgrading present amenities and growing manufacturing capability.
Union Funds 2025: FM Sitharaman Highlights Funds Give attention to Driving Development and Inclusive Improvement
FM Nirmala Sitharaman said that the Union Funds 2025-26 continues momentum in direction of financial development and equitable growth.
She highlighted that India is the fastest-growing financial system amongst growing nations. The FM emphasised the following 5 years as a novel alternative to stimulate development.
Union Funds 2025: FM Nirmala Sitaraman will increase credit score assure cowl for MSMEs
Finance Minister Nirmala Sitharaman, in her funds speech on Saturday, introduced a rise in credit score assure protection underneath the CGTMSE scheme to enhance entry to formal credit score for MSMEs and startups.
For micro and small enterprises, the protection has been doubled from Rs 5 crore to Rs 10 crore, facilitating an extra Rs 1.5 lakh crore in credit score over the following 5 years. For startups, the protection has been raised from Rs 10 crore to Rs 20 crore, whereas the assure charge has been diminished to 1% for loans throughout 27 focus sectors.
Moreover, personalized bank cards for micro-enterprises registered on the Udyam portal shall be launched with a Rs 5 lakh restrict, with 10 lakh playing cards set to be issued within the first 12 months.
Union Funds 2025: Sitharaman units new funds for startups
Throughout her speech, Finance Minister Nirmala Sitharaman introduced a brand new Rs 10,000 crore Fund of Funds (FFS) for startups. She highlighted that the prevailing FFS has already helped generate a Rs 91,000 crore funding corpus for startups by means of Various Funding Funds (AIFs).
The primary Fund of Funds for Startups (FFS) was launched by Prime Minister Narendra Modi on January 16, 2016, as a part of the Startup India Motion Plan. It was established with a Rs 10,000 crore corpus to help SEBI-registered AIFs, which in flip spend money on startups.
Union Funds 2025: 75,000 New Undergraduate Medical Seats to Be Added in Subsequent 5 Years
FM Nirmala Sitharaman introduced the setup of 5 nationwide centres for skilling with world experience to help “Make for India, Make for the world.”
The federal government will add 75,000 new UG medical seats within the subsequent 5 years, constructing on a 130% improve in medical seats over the previous 10 years. All district hospitals can have most cancers day-care centres. 68 lakh road distributors have benefited from the PM Swanidhi scheme.
Union Funds 2025: FM introduced growth of 5 nationwide Centres of Excellence
Since 2014, extra infrastructure has been developed for 5 IITs, enabling training for six,500 extra college students. IIT Patna is ready for enlargement. Moreover, broadband connectivity shall be prolonged to all secondary faculties and Major Well being Facilities (PHCs).
Union Funds 2025: Nationwide Institute of Meals Know-how, Entrepreneurship and Administration to be arrange in Bihar
The federal government will arrange the Nationwide Institute of Meals Know-how, Entrepreneurship, and Administration in Bihar to spice up meals processing within the Jap area.
The institute will assist elevate farmers’ earnings by including worth to their produce and create skilling, entrepreneurship, and employment alternatives for youth.
Union Funds 2025: Govt to Introduce Rs 2 Crore Time period Mortgage for five Lakh First-Time Ladies, SC, ST Entrepreneurs
The federal government will introduce a Rs 2-crore time period mortgage scheme for five lakh first-time girls, SC, and ST entrepreneurs.
A producing mission shall be launched to spice up each SME and huge industries. Measures to boost productiveness in labour-intensive sectors shall be carried out. Credit score assure cowl will improve to Rs 20 crore, with the assure charge diminished to 1%.
Union Funds 2025: 36 life-saving medication and medicines exempted from customs obligation
FM Sitharaman mentioned, “To supply aid to sufferers, particularly these affected by most cancers and uncommon illnesses, I suggest 36 life-saving medication in totally exempted customized duties.” Furthermore, 37 extra medicines and 13 new affected person help packages have additionally been exempted from the fundamental customs obligation.
Union Funds 2025: Give attention to footwear and leather-based sectors
The Finance Minister introduced a devoted scheme for the footwear and leather-based industries to boost home manufacturing and world competitiveness. Moreover, the federal government goals to place India as a number one hub for toy manufacturing worldwide.
Whereas presenting the Union Funds 2025-26, Sitharaman additionally outlined plans to launch a mission targeted on clear expertise manufacturing, reaffirming India’s dedication to sustainability and innovation.
Union Funds 2025: Authorities to offer mudra loans to spice up tourism
Finance Minister Nirmala Sitharaman introduced that the federal government will work with states to develop the highest 50 vacationer locations and lengthen Mudra loans to help homestays. To additional enhance tourism, she outlined plans to advertise medical tourism in collaboration with the personal sector, with a particular deal with locations related to Lord Buddha’s life and legacy.
Whereas presenting the Union Funds 2025-26, Sitharaman additionally said that monetary help can be offered for the Western Kosi Canal undertaking, benefiting 50,000 hectares in Bihar’s Mithilanchal area.
Union Funds 2025: Tourism Sector Set for Main Enhance
India is revamping its tourism sector to extend its GDP contribution from 5% to 9-12%. Key initiatives embody higher connectivity, increasing the UDAN scheme, upgrading vacationer locations, easing visa guidelines, and enhancing hygiene requirements.
Union Funds 2025: FM broadcasts UDAN scheme
Sitharaman introduced, “Impressed by the success, a modified UDAN scheme shall be launched to boost regional connectivity to 120 new locations and carry 4 crore extra passengers within the subsequent 10 years. The scheme can even help helipads and smaller airports in hilly, aspirational and northeast regional districts.”
She added, “Greenfield airports shall be facilitated in Bihar to satisfy the longer term wants of the state. These shall be along with the enlargement of the capability of Patna airport and Brownfield airport in Bihta. Monetary help shall be offered for Western Kosi Canal ERM undertaking in Mithilanchal, benefitting numerous farmers within the Mithilanchal area of Bihar.”
Union Funds 2025: Fiscal Deficit Targets for FY25 and FY26 Set at 4.8% and 4.4% of GDP
Fiscal deficit for FY25 projected at 4.8% of GDP, with a goal of 4.4% for FY26.
Internet market borrowings for FY26 estimated at Rs 11.54 lakh crore. Authorities to arrange a high-level committee for regulatory reforms in non-financial sectors. NaBFID to introduce partial credit score enhancement for company bonds.
Union Funds 2025: Authorities to allocate Rs 1.5 lakh crore for interest-free loans to states
Rs 1.5 lakh crore allotted as interest-free loans to states for infrastructure growth over 50 years.
A brand new asset monetisation initiative will elevate Rs 10 lakh crore for brand spanking new ventures from 2025-30. Rs 500 crore put aside for an AI Centre of Excellence in training. Elevated funds allocation for Jal Jeevan Mission to make sure nationwide protection. Incentives for city reforms specializing in governance, land use, and planning.
Union Funds 2025: Rural Prosperity and Resilience Program to Strengthen Communities
This system goals to create alternatives in rural areas, making migration elective relatively than crucial. It focuses on fostering enterprise growth, employment, and monetary independence for rural girls. It should speed up the creation of latest jobs and companies for younger farmers and rural youth.
Union Funds 2025: FM proposes revamping bilateral funding treaty to draw extra investments
FM Nirmala Sitharaman introduced the revamp of the mannequin Bilateral Funding Treaty (BIT) to draw extra investments.
The Jan Vishwas Invoice 2.0 shall be launched to decriminalize over 100 offences and enhance ease of doing enterprise. A revamped central KYC registry shall be launched this 12 months. The federal government will replace outdated legal guidelines to match technological developments.
Union Funds 2025: New Earnings-Tax Invoice to Be Launched for Reform
The finance minister introduced that the brand new Earnings Tax Invoice shall be half the dimensions of the present regulation. Will probably be clear, direct, and simple to grasp, guaranteeing tax certainty and lowering litigation.
Union Funds 2025: Declares no earnings tax payable for earnings as much as Rs 12 Lakh
Beneath the brand new tax regime introduced by FM Nirmala Sitharaman
Rs 0-4 lakh — Nil
Rs 4-8 lakh — 5%
Rs 8-12 lakh — 10%
Rs 16-20 lakh — 20%
Rs 20-24 lakh — 25%
Above Rs 24 lakh — 30%
Tax rebate for these with earnings as much as Rs 12 lakh
