Union Budget 2025: A Vision for India’s Growth

On February 1, 2025, India tuned in with anticipation as Union Finance Minister Nirmala Sitharaman unveiled the Union Budget. This was her eighth budget, and it quickly became one of the most well-received in recent years. The announcements aimed to strengthen economic stability, create opportunities, and support diverse industries.

An Inclusive Budget for All

Abhay Bhutada, Vice Chairman of Rising Sun Holdings and founder of the Abhay Bhutada Foundation, shared his thoughts on the budget. He stated, “This budget is designed to uplift all sectors. It goes beyond tax benefits and focuses on comprehensive progress. This is a crucial step in the right direction, and I firmly believe that India’s future is promising.”

Abhay Bhutada


Also Read: Empowering Pune’s Students with STEM Kits: A Step Toward Accessible Education 


Abhay Bhutada has always been an advocate for policies that support growth and development. Through the Abhay Bhutada Foundation, he has worked extensively in the education sector, helping underprivileged students gain better opportunities. His approval of the budget reflects his confidence in its ability to drive meaningful change.

Key Announcements in Union Budget 2025

The budget introduced several significant measures:

Income Tax Exemption for Earnings Up to Rs12 Lakh
 People earning up to Rs12 lakh per year will no longer have to pay income tax. This move will provide financial relief to the middle class and working professionals.

Higher Capital Expenditure
 The government has allocated Rs11.21 lakh crore for capital expenditure in FY2025-26, a rise from Rs11.11 lakh crore in the previous year. This will boost infrastructure development across India.

Bihar Makhana Initiative
A dedicated Makhana Board will be set up in Bihar to enhance production, processing, and marketing of makhana. This will help local farmers expand their businesses.

Employment Generation Plan
A new initiative will create 22 lakh jobs by improving productivity, quality, and global competitiveness in the footwear and leather industry.

Expansion of UDAN Scheme
The revised UDAN Scheme will introduce 120 new air routes, improving regional connectivity. The government aims to transport 4 crore passengers in the next ten years.

Prime Minister Dhan-Dhaanya Krishi Yojana
A new scheme will develop 100 agricultural districts, benefiting approximately 1.7 crore farmers with better support and resources.

Investment in Research and Development
The government has allocated Rs20,000 crore to support private-sector-driven research and technological innovation.

PM Research Fellowship
The government will provide 10,000 research fellowships at IITs and IISc, strengthening India's leadership in technology and innovation.

Electronics and EV Industry Incentives
Tax exemptions have been introduced for components such as open-cell LED/LCD TV panels, textile looms, and capital goods used in lithium-ion batteries. This will support India’s growing electronics and electric vehicle industries.

Support for Shipbuilding and Railways
A 10-year tax exemption has been announced for goods used in shipbuilding and shipbreaking. Additionally, the export of imported railway goods for repairs will be extended.

Check this out: Union Budget 2025: A Vision for India's Progressive Future 


Abhay Bhutada’s Perspective on the Budget

Abhay Bhutada believes this budget will bring significant growth to multiple sectors. His focus has always been on initiatives that create real change. Through the Abhay Bhutada Foundation, he has continuously supported educational programs for underprivileged students. He sees this budget as a balanced approach to economic and social progress.

With tax relief, people will have more financial security. The increase in capital expenditure will lead to better infrastructure and more jobs. The investment in research, agriculture, and regional connectivity will benefit various industries. These measures reflect the government’s commitment to a prosperous India.

Check this out: Union Budget 2025: Key Policies Driving India’s Economic Future



Abhay Bhutada

A Step Toward a Stronger Nation

The Union Budget 2025 is more than a financial statement. It is a roadmap for India’s development. The measures announced will provide opportunities for individuals, businesses, and industries alike. Leaders like Abhay Bhutada appreciate the government’s commitment to holistic growth and creating equal opportunities for all.

With these reforms in place, India is on a strong path to economic and social progress. The future looks bright. 

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