House View – Union Budget 2025-26

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, aiming to advance the vision for Viksit Bharat, encompassing poverty eradication, ensuring quality education for children, providing affordable and comprehensive healthcare, developing a skilled workforce with meaningful employment, increasing women's participation in the economy, and strengthening India's agricultural sector to make it "the food basket of the world."

The minister's eighth Budget presentation was set against a backdrop of lower-than-expected real GDP growth of 5.4% in Q2 FY2025 and global uncertainties, prompting the RBI to revise its GDP projection to 6.6% for the current fiscal.

The minister stated that the government's development policies and structural reforms over the past decade have positioned India as the world's fastest-growing major economy, adding that this Budget is a continuation of government efforts to accelerate growth, secure inclusive development, invigorate private sector investments, uplift household sentiments, and enhance spending power of India's rising middle class. 

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