The Union Budget is one of the most significant financial events in India, offering a sneak peek into the government's economic priorities for the upcoming year, especially for middle-class families, industrialists, and more. The Union Budget for 2025, presented by Finance Minister Nirmala Sitharaman, is expected to play a crucial role in shaping the country’s economic outlook in 2025. As the budget presentation approaches, there are many questions regarding the date, timing, and key highlights that may dominate discussions. Let’s take a closer look at what we know about the Union Budget 2025:
Finance Minister Nirmala Sitharaman, Minister of Finance and Minister of Corporate Affairs, is expected to present the Union Budget 2025 on February 1, 2025. The budget is typically presented on this date every year, marking the beginning of a new financial year in India.
Union Minister for Finance & Corporate Affairs Smt. @nsitharaman chairs the seventh Pre-Budget Consultation with the stakeholders from the financial sector and capital markets in connection with the forthcoming Union Budget 2025-26, in New Delhi, today.
— Ministry of Finance (@FinMinIndia) January 2, 2025
The meeting was also… pic.twitter.com/KPSr9qawYL
On January 2, 2025, Nirmala Sitharaman chaired the seventh Pre-Budget Consultation meeting in New Delhi, bringing together stakeholders from the financial sector and capital markets. The meeting was also attended by key officials, including the Finance Secretary and other senior representatives from the government.
The presentation is expected to take place at 11:00 am in the Parliament. This will be Nirmala Sitharaman's eighth time presenting the Union Budget, which includes six full budgets and two interim budgets.
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The Union Budget 2025 is expected to address several key issues that are critical to the country's economic growth. As India continues to face various problems and deal with global economic challenges, the budget will be an important tool for driving growth and stability. Here are some major areas that are likely to be focused on in the 2025 budget:
i) Economic Growth And Recovery
ii) Fiscal Deficit And Government Spending
iii) Tax Reforms
iv) Infrastructure Development
v) Railway Development
vi) Social Welfare and Healthcare
Apart from the economic goals, the Union Budget 2025 is likely to place special focus on certain sectors:
i) Agriculture
ii) Technology and Digital Economy
ii) Environmental Sustainability
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You can watch the Union Budget 2025 speech live on Doordarshan and Sansad TV, the official channels of the Parliament which will be presented by Finance Minister Nirmala Sitharaman's Union Budget 2025 speech. It will also be streamed live on the Sansad TV and Doordarshan YouTube channels.
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