New Significance of the Economic Survey 2025

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New Significance of the Economic Survey 2025
New Significance of the Economic Survey 2025

Budget Session 2025: Key Expectations and Major Announcements to Watch For

The Budget Session of Parliament 2025 is set to begin on January 31, running through April 4. This pivotal session will witness the presentation of the Union Budget 2025-26 by Finance Minister Nirmala Sitharaman on February 1. With high stakes for economic growth, job creation, and policy reforms, the session promises crucial discussions that could shape the country’s financial future.

President’s Address: A Look at the Government’s Achievements

The Budget Session 2025 will begin with President Droupadi Murmu’s address to a joint sitting of Lok Sabha and Rajya Sabha on January 31. The speech is expected to focus on the government’s key accomplishments over the past year, touching on economic development, national security, and social welfare. This address will set the tone for the entire session, highlighting the government’s future plans and priorities.

Alongside the address, the Economic Survey 2025 will be tabled. The Survey provides a snapshot of India’s economic performance, forecasting growth rates and offering insights into government policies that will impact industries, businesses, and citizens.

Union Budget 2025-26: What’s in Store?

Finance Minister Nirmala Sitharaman will unveil the Union Budget 2025-26 on February 1, marking her eighth consecutive presentation. This budget is expected to be pivotal in ensuring economic recovery, boosting investments, and accelerating job creation. Key focus areas for the Union Budget 2025-26 include:

  • Infrastructure and Green Energy Investments: The government is likely to announce large-scale projects to modernize infrastructure, particularly in transportation and digital connectivity. Additionally, there may be a stronger focus on sustainable development and green energy investments to meet India’s environmental goals.
  • Tax Reforms and Economic Relief: Expect changes to personal and corporate tax structures aimed at simplifying processes and offering relief to the middle class. This may include adjustments to tax slabs and proposals to incentivize businesses and startups.
  • Employment and Skill Development: Job creation is expected to be a central theme, with increased funding for vocational training programs and initiatives to boost employment, especially in sectors such as manufacturing, technology, and agriculture.
  • Social Welfare and Healthcare: The government is likely to announce plans to enhance welfare schemes, focusing on healthcare, education, and rural development to uplift marginalized communities.

PM Modi’s Response to the Motion of Thanks

As part of the session, Prime Minister Narendra Modi will respond to the Motion of Thanks on the President’s address. His speech will expand on the government’s vision for economic growth and the legislative roadmap for the coming year. Expect key policy announcements that could address national issues such as inflation, employment, and national security.