Finance

Union Budget 2025 Live update: Nirmala Sitharaman’s Strategic Focus on Key Sectors

As Finance Minister Nirmala Sitharaman presents the Union Budget 2025, all eyes are on the strategic focus areas that will shape India’s economic trajectory. This year’s budget, the eighth consecutive one presented by Sitharaman, is expected to address key sectors such as infrastructure, defence, agriculture, and railways.

1. Major Infrastructure Investment: Building for the Future*

One of the standout features of the Union Budget 2025 is the substantial push for infrastructure development. A whopping *₹10 lakh crore* has been allocated to improve roads, railways, ports, and digital infrastructure. This isn’t just about building more physical structures—it’s about creating a modern foundation that can support India’s long-term growth. This budget aims to make India a more connected, trade-friendly economy, which will not only improve mobility but also stimulate job creation across the country.
This is a massive step in transforming India’s infrastructure into one that can compete globally and drive future economic growth,” said Sitharaman.

Union Budget 2025 Live Update: Nirmala Sitharaman’s Strategic Focus on Key Sectors

2. Defence: Strengthening National Security

The defence sector is set to receive a substantial increase in allocation, with an emphasis on modernisation and indigenisation. The Ministry of Defence has designated 2025 as the ‘Year of Reforms,’ focusing on capital expenditure for electronics, vehicles, and aircraft.

3. Agriculture: Supporting Farmers

Agriculture remains a critical sector, and the budget is expected to introduce measures to support farmers and enhance agricultural productivity. This includes investments in technology, irrigation, and rural infrastructure to ensure sustainable growth in the sector.

4. Railways: Enhancing Connectivity

The Indian Railways is likely to see a hike in gross budgetary support, with an expected increase of 15-18 percent. This allocation aims to improve connectivity, enhance passenger amenities, and boost freight capacity.
Budget 2025: How India Plans to Spend Highlights

5. Economic Growth and Fiscal Prudence

With GDP growth projected between 6.3-6.8% for FY26, the budget will focus on balancing economic growth with fiscal prudence. The Economic Survey 2024-25 highlights the need for sustained infrastructure investment and reforms in land, labour, and deregulation to achieve the vision of ‘Viksit Bharat’ by 2047.
As the Union Budget 2025 unfolds, it promises to address the pressing needs of various sectors while maintaining a strategic focus on long-term economic growth and stability. Stay tuned for more updates as Finance Minister Nirmala Sitharaman delivers her budget speech.

6. Tax Reforms and Corporate Incentives

In a move to simplify the tax system, the government has proposed *revised tax slabs* for individuals and extended *tax incentives* for middle-income groups. Corporate tax cuts are also on the table, particularly for sectors such as *manufacturing and export industries*. These steps are designed to stimulate both consumption and investment, which is critical for achieving sustained economic growth.

Conclusion: A Vision for Inclusive Growth

In conclusion, Union Budget 2025 lays out a bold roadmap for India’s future, focusing on infrastructure, green energy, digital innovation, and social welfare. The emphasis on sectors like agriculture, healthcare, and employment indicates that the government is looking at *inclusive growth*—ensuring that all segments of society benefit from this development.
Sumit

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