Preamble: The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, serves as a pivotal blueprint for India's economic growth, aligning with the government's long-term vision of achieving 'Viksit Bharat' by 2047. With a strong emphasis on inclusive development, infrastructure expansion, innovation, and sustainability, the budget introduces transformative measures aimed at strengthening key sectors while fostering resilience in a dynamic global economic landscape.
A key highlight of the budget is its focus on boosting middle-class spending power through targeted tax reforms, which are expected to enhance domestic consumption and drive economic momentum. The government maintains its commitment to fiscal prudence, setting the fiscal deficit at 4.8% for FY25, with a planned reduction to 4.4% in FY26.
