Budget Expectations 2025: There are now only a few hours left for the country’s general budget to be presented. On Saturday, February 1, Finance Minister Nirmala Sitharaman will present a budget of FY 2025-26 in Parliament. Whether the tax burden on the middle class will be reduced or what will be special for the lower income group, more focus will be found on which sector. Today we are going to tell you through this news, every sector of the country has expectations from budget 2025. Let’s take a look at it.
Expectations of agriculture sector from budget
Although the share of agriculture in the GDP of the country may be low, this is also the biggest basis of employment. The agricultural sector is called the backbone of the country. In such a situation, the government may pay more attention to this by paying more attention to the budget. Regarding the budget 2025, it is expected that the government can increase the amount of Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan Yojana) from Rs 6,000 to Rs 10,000 in view of the rising costs on farming with rising inflation. Apart from this, the limit of farmer credit card can also be increased from 3 lakh to 5 lakh rupees.
The government can make technology upgradation under the expansion of infrastructure to increase productivity in the agriculture sector. The farmers of the country are expected to allocate about Rs 1.75 lakh crore from the government in the budget, which is 15 percent more than Rs 1.52 trillion last year. The government also aims to increase agri products exports. The Government of India wants to increase it from $ 50 billion to $ 80 billion by 2030. The budget may also include provisions to boost rural economy.
Will the government focus on the railway?
The government can give more than Rs 3 lakh crore to the Railways under the budget. In the budget last year, the Railways were given Rs 2.65 lakh crore to the Railways. Experts believe that this increased amount may speed up station upgradation work, many modern trains can be started, strengthening railway infrastructure can be faster, the work can be faster, many devices including locomotives, coaches and wagons Can be purchased
Bullet train can move forward on train project. In addition, to reduce railway accidents, advanced signaling systems, investment on better maintenance of tracks can be invested on training programs for railway employees. Apart from this, the government’s idea is also to increase the metro and rapid rail network in the country.
Automobile sector can also get gift
The government can make many big announcements in the budget 2025 to increase new innovation and technology in the automobile sector. This includes the GST from 28 per cent to 18 per cent to electric vehicles (EV) components and the expansion of the PLI scheme for battery manufacturing on hybrids and electric vehicles. With this, research on hydrogen fuel is expected to be encouraged, charging infrastructure can be strengthened, scraping of old vehicles can also be encouraged.
This demand is long of real Exate
The long demand for the country’s real estate sector is to give him industry status. Along with this, there is also a demand to increase the tax exemption on home loan from Rs 2 lakh to Rs 5 lakh. In view of the rising inflation and the increasing population of the country, there is also a demand to promote affordable housing.
To increase the investment, there is also to remove a 10 crore deduction limit from the government of real estate sector on capital profit. Many big leaders of this sector are also expected to transformation, so that the economic development of the country and the government’s government’s goals can be raised.
Focus on defense now demands time
At present, global instability remains a matter of concern on one side and on the other hand there is an atmosphere of tension on many borders of the country. In such a critical situation, it is very important to strengthen the defense sector to protect the country and countrymen. There is a need to invest more on infrastructure and surveillance systems with neighboring countries like China and Pakistan to tighten the disputes and infiltrations over India’s border.
In order to increase self -reliance on defense equipment under the government’s ‘Make in India’ initiative, investment is also needed on research. Along with this, there is a need to spend more on training of soldiers to face extremism, Naxalism, terrorist incidents in the country. Intelligence operations, paramilitary forces and law enforcement agencies are also strengthened.
Hope from the government of health sector
Keeping in mind the detection of new diseases and taking care of the epidemic like Corona, there is a need to pay more attention to the health and pharma sector. This sector also has many demands from the government. One of these is the demand for imposing GST at the same rate of 12 percent on medical devices, which is currently between 5 to 18 percent.
The sector is also expected to promote digital infrastructure from the government so that new research can be done. This will speed up diagnostics. There is also to include Artificial Intelligence (AI) in the sector to promote innovation in the demand list. With its help, not only the disease will be detected quickly, but also will help in imaging analysis. In addition, PLI schemes also need to be expanded, which encourage domestic API manufacturers and promotes the manufacture of pharmaceutical products in the country.
Also read:
Budget 2025 Live Streaming: Where and how to see the General Budget, Finance Minister’s speech to all updates will be found here
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