The Union Indian Budget 2025-26 will be presented by the finance minister, Nirmala Sitharaman, on February 1, 2025. It will be the second full budget of Modi 3.0 and will mark the eighth consecutive presentation of a Union Budget by Nirmala Sitharaman. She will be the first finance minister to present eight union budgets in a row.
With the Union Budget presentation date just a few days away, industry stakeholders and experts have their eyes on reforming policies and announcements. The budget is against the backdrop of slower economic growth, a weakening currency, and global-level uncertainties. People and the market are expecting highs from the Union budget 2025, hoping for bold and strategic measures.
Vivek Baj, the partner of Economic Law Practice, shared his view, saying the upcoming budget has already created a lot of anticipation. We expect that new policies and reformation initiatives will be introduced to make better investments and boost the Make in India initiative. It is expected that the government will rationalize rates, promote domestic production, cut tax litigation, and also introduce better precision in the tax laws. The government may introduce the Customs Amnesty Scheme 2025 to offer opportunities for trade to end long-drawn Customs litigations.
The Founder & CEO of Growth Jockey, Ashutosh Kumar, shared his opinion, saying that the upcoming union budget must be focused on building a strong digital infrastructure. Last year, the venture capital investment reached $16.77 billion with 888 deals. To sustain momentum, the budget should focus on creating a strong digital infrastructure, assuring a seamless adoption of AI, and streamlining regulatory frameworks.
According to Niraj Kumar, the CTO of Onix, the Indian government will create funds and grants for startups focused on AI. The upcoming budget will be a notable moment to make India a global hub of AI.
Rahul Attuluri, CEO of NxtWave, has shown a positive view. He said the government has always cultivated a supportive atmosphere for EdTech startups to empower the future generation. In the upcoming budget presentation, it is expected that the upcoming budget will have the infrastructure to support new-age institutions dedicated to skill development.
Suraj Pratap Malik, Director of Infomerics Raings, shared his predictions. He said there are issues of increasing geopolitical dynamics and a notable transition from globalization to protectionism. Against this backdrop, the upcoming budget will keep moving on the fiscal deficit glide path, provide a thrust on consumption, some tax concessions and MSMEs, and realize the tax system.
Zaiba Saran, co-founder of iThink Logistics, predicts that connectivity and transportation networking will get an increased investment. He said the courier aggregator industry is the backbone of India’s growing e-commerce sector. The industry is expected to get significant funds and notable initiatives to supercharge its growth trajectory.
Sharing his thoughts on the Indian Budget 2025–26, Varuan Puri, the MD of Green Power International, said that he is hoping that the Union Budget 2025 will entail effective measures to deal with the dual challenges of air pollution and sustainable energy transition. Bioenergy is a clean and renewable source that can effectively support India’s energy security objectives. The industry and industry leaders expect to receive financial support to import innovative clean energy solutions.
Samir Krishna Modi, MD of Modi Enterprises, said that the focus of Union Budget 2025-26 will be on empowering consumers and promoting consumption-led demand. Tax relief, GST rationalization, and focused rural development endeavors will benefit the nation and foster equal growth for all. The Indian Budget 2025–26 will focus on inclusive growth and sustainability development. For this, the budget will be focusing on protecting small retailers, promoting fair trade methods, and making significant investments in rural skills and entrepreneurship to finally open the door for India’s growth.
These are some expectations and predictions about the union budget. will have to wait for just a few days to see how many of these expectations are fulfilled in the upcoming Indian budget 2025-26.
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