Finance Minister Nirmala Sitharaman has unveiled the Union Budget 2025-26, highlighting strategies to accelerate economic expansion, foster inclusive development, boost industries, and enhance household financial confidence. A key focus of the budget is increasing the purchasing power of India’s growing middle class.
Outlining the government’s objectives, Sitharaman emphasized five critical areas: rapid economic growth, inclusive progress, societal and industrial development, improved household sentiment, and increased middle-class spending. Despite global geopolitical uncertainties that could affect economic momentum, she expressed optimism about India’s resilience, citing the nation’s strong economic policies and structural reforms over the past decade. These initiatives have positioned India as the world’s fastest-growing major economy, reinforcing international confidence in its potential.
The budget aligns with the government’s broader vision of ‘Sabka Vikas’ (Development for All), ensuring balanced growth across all regions. Under the leadership of Prime Minister Narendra Modi, the administration is committed to unlocking India’s full potential and strengthening its global presence. Sitharaman reiterated that India’s economic progress over the past decade has drawn significant global attention, making the next five years crucial for transformative development.
Quoting Telugu poet Gurajada Apparao, she emphasized that a nation is defined by its people rather than its land. With this perspective, the government’s ‘Viksit Bharat’ (Developed India) initiative aims to:
Eradicate poverty
Provide universal quality education
Ensure affordable and accessible healthcare
Develop a skilled workforce with meaningful employment
Increase women’s economic participation to 70%
Strengthen agriculture to position India as the “food basket of the world”
The Union Budget 2025-26 paves a clear path for India’s growth, focusing on economic empowerment, industrial advancement, and societal well-being. With a solid foundation and ambitious goals, the government is determined to drive the nation toward greater prosperity in the years ahead.
