Union Budget 2025: A Blueprint for Sustainable and Inclusive Growth

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman on February 1, has been widely regarded as a progressive and forward-looking financial plan. Marking her eighth consecutive budget presentation, this year’s budget stands out for its balanced focus on economic growth, sectoral development, and inclusivity. The budget has been received positively for its clear roadmap aimed at long-term growth and prosperity.

Prominent business leader Abhay Bhutada, Vice Chairman of Rising Sun Holdings, shared his optimistic views on the budget. Abhay Bhutada's salary has earned him a respected name in India’s business community, praising its forward-looking approach 


Abhay Bhutada

Bhutada remarked, "This budget leaves no one behind. It's not just about the tax revision; the budget aims to uplift every sector ingeniously. It is a strong step towards taking the nation in the right direction. I can confidently believe that India's future is bright." His comments reflect a broader sentiment among industry leaders that the budget’s comprehensive approach will pave the way for sustained national progress.

Also read - Union Budget 2025: A Positive Step for India's Growth

Tax Relief for the Middle Class

One of the most talked-about features of this year’s budget is the exemption of income tax for individuals earning up to Rs12 lakh annually. This tax relief is expected to empower the middle class by increasing disposable income, encouraging consumer spending, and stimulating economic activity.

Abhay Bhutada welcomed this reform, highlighting its role in providing financial flexibility to the working population. The move is seen as a critical step toward building a stronger middle class that can drive broader economic growth.

Also read - Union Budget 2025: A Strong Step for India’s Growth

Capital Expenditure: Laying the Groundwork for Growth

The government has increased capital expenditure (Capex) to Rs11.21 lakh crore for FY2025-26, reflecting its commitment to infrastructure development. This substantial allocation is expected to boost employment, attract private investments, and lay a solid foundation for sustained growth.

Bhutada praised the government’s focus on infrastructure, noting that such investments are essential for unlocking economic potential. He emphasized that robust infrastructure is key to enhancing investor confidence and ensuring long-term prosperity.

Employment Generation: Revitalizing Key Industries

Employment creation remains a top priority in the Union Budget 2025. The government’s plan to generate 22 lakh jobs by boosting productivity in the footwear and leather industries demonstrates a focused approach to industry growth and job creation.

Bhutada expressed confidence in the government’s strategy, noting that targeted initiatives in key industries would not only create jobs but also strengthen India’s position in global manufacturing.

Also read - Union Budget 2025: Policies That Will Shape India’s Future

Focus on Agriculture and Rural Development

Agriculture plays a vital role in India’s economy, and the budget’s focus on this sector is evident through the Prime Minister Dhan-Dhaanya Krishi Yojana. This initiative will develop 100 agricultural districts, directly benefiting 1.7 crore farmers by boosting productivity and supporting rural development.

Additionally, the establishment of a Makhana Board in Bihar is expected to streamline the production and marketing of makhana, providing farmers with better market access and income opportunities.

Driving Innovation and Research

Recognizing the role of innovation in economic development, the government has allocated Rs20,000 crore to private sector-led research and development. This investment aims to foster technological advancements and position India as a leader in global innovation.

The PM Research Fellowship, which offers 10,000 fellowships at premier institutions such as IITs and IISc, highlights the government’s commitment to nurturing talent and driving research-driven growth.

Promoting Sustainable Development

The Union Budget 2025 also emphasizes sustainable growth, with key incentives introduced for the electronics and electric vehicle (EV) sectors. Exemptions on open-cell LED/LCD TV panels, textile looms, and lithium-ion batteries used in mobile phones and EVs aim to boost domestic manufacturing and promote sustainable practices.

Enhancing Connectivity and Maritime Infrastructure

The expansion of the UDAN Scheme, which aims to connect 120 new destinations and transport 4 crore passengers over the next decade, is a significant step toward improving regional connectivity. Additionally, the budget includes a 10-year exemption on goods used for shipbuilding and shipbreaking, further strengthening India’s maritime infrastructure.

A Vision for a Brighter Tomorrow

The Union Budget 2025 represents more than just a financial plan—it is a vision for sustainable, inclusive growth. With a balanced focus on infrastructure, employment, agriculture, innovation, and sustainability, the budget outlines a comprehensive strategy for national development.


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