When the budget of the country is presented, every man is affected by it. Whether it is a rickshaw running or the owner of a big company. The central government’s schemes affect everyone. Even the Union Budget has a major impact on the state governments. Every state government wants the central government to make a special announcement for it in the budget. The budget of 2025-26 is making a lot of headlines due to historical changes in income tax, but there are more things in the budget, which will change the condition and direction of the country in the coming years. Know the full list here …
- Government will establish ‘National Manufacturing Mission’: The government on Saturday announced to set up the National Manufacturing Mission to further promote the ‘Make in India’ initiative in the Union Budget 2025-26. Finance Minister Nirmala Sitharaman said in her budget speech that the scheme will include micro, small and medium industries (MSMEs). He said that the National Manufacturing Mission will provide policy support, administration and monitoring structure for central ministries and states. Through this, the central government will promote MSME with the states. Also, land, infrastructure and is of doing will create an atmosphere of business. This will make factories in small cities. If factories are installed, manufacturing will increase in the country. Import will decrease and at the same time employment will increase in the country.
- What did the farmers get: A allocation of Rs 1.27 lakh crore has been made in the budget for agriculture. The PM Agricultural Dhan Dhanya Yojana was announced for the most backward 100 districts. Its goal is to increase the productivity of farming in these districts. The limit of loan from Kisan Credit Card was increased from 3 lakh to 5 lakh rupees. It has been announced to run the National High Yield Seed Mission. A mission has been announced to increase the production of pulses. The government has announced that for the next 4 years, the entire purchase of tur, urad and masoor dal will be made on MSP. The budget has also been announced to promote rural economy. For this, an allocation of Rs 1.88 lakh crore has been made. Last year, an allocation of Rs 1.76 lakh crore was made for this. An allocation of 86 thousand crores has been made for MNREGA. While about 55 thousand crore rupees have been given for the PM Rural Housing Scheme giving home to all. A allocation of 19 thousand crores has been made to further the Lakhpati Didi scheme. The allocation to the Ministry of Cooperation has been increased by 58.21 percent to Rs 1,186.29 crore.
- Culture along with development: The government has increased budgetary allocation for the Ministry of Culture for FY 2025-26, in which the total allocation has been increased to Rs 3,360.96 crore against the revised estimate of Rs 3,260.93 crore in the current financial year. Within the Ministry, a large part has been a large part of the Archaeological Survey of India (ASI), which has been allocated Rs 1,278.49 crore as against Rs 1273.91 crore allocated in 2024-25. The allocation in the current year was revised to Rs 1191.99 crore. Museums like National Museum and National Modern Art Gallery will get Rs 126.63 crore to increase cultural protection efforts. A allocation of Rs 198.50 crore has been made for the Major Scheme Art Culture Development Scheme (KSVY) promoting Indian arts and artists. To promote the conservation of ancient scripts, the National Manuscript mission will be given 60 crore rupees, which is much higher than the previous years. Meanwhile, Rs 22.46 crore has been set for the National Mission on cultural mapping, which aims to consolidate cultural activities under the integrated digital platform. The government will continue to provide significant financial assistance to autonomous cultural institutions like Sangeet Natak Akademi, Sahitya Akademi, National Drama and Indira Gandhi National Center for Arts. These bodies will collectively get Rs 411.42 crore. Additionally, museums including Victoria Memorial and Indian Museums have been allocated Rs 379.58 crore to increase their performance and contact programs.
- Semiconductor Scheme and IndiaAI Mission: The government has increased the allocation for major technology projects for the next financial year (2025-26), including mobile phones, IT hardware, semiconductor scheme and Production for IndiaAI Mission, by about 84 percent to Rs 18,000 crore to Rs 18,000 crore for major technology projects related to production (PLI). . According to the budget documents, the revised allocation for the major electronic sector project in the current financial year is around Rs 9,766 crore. The allocation for IndiaAI mission has been increased by 11 times to Rs 2,000 crore. IndiaAI Mission is leading the development of the country’s artificial merit (AI) environment, which includes financial assistance for computer infrastructure. The total allocation for the Ministry of Electronics and Information Technology (IT) has been increased by about 48 percent to Rs 26,026.25 crore for 2025-26 as against Rs 17,566.31 crore under the amended allocation of the current financial year. The highest allocation of Rs 8,885 crore has been made for PLI scheme for large -scale electronics manufacturing. It focuses on the production of mobile phones. Under this scheme, beneficiaries include Apple vendor Foxconn, Tata Electronics, Dixon Technologies, Lava International etc. The allocation for the semiconductor projects has been increased to Rs 2,499.96 crore for 2025-26, more than Rs 2025-26 for the allocation of allocation for semiconductor projects. The government has received an investment commitment of Rs 1.52 lakh crore for various semiconductor projects.
- What for senior citizens: Union Finance Minister Nirmala Sitharaman on Friday proposed to increase the tax deduction limit on interest income and increase the tax limit on rent from Rs 2.4 lakh to Rs 6 lakh. Sitharaman, while presenting the budget of FY 2025-26 in the Lok Sabha, announced these tax amendments to ensure more amount with senior citizens. The Finance Minister also proposed to rationalize the ‘tax deduction at source’ (TDS) by reducing the number of rates and boundaries, on which TDS is deducted. He said that the limit amount will be increased for tax deduction for better clarity and uniformity. Sitharaman said, “The limit of tax deduction on interest from interest to senior citizens is being increased from Rs 50,000 to Rs 1 lakh.” While TDS limit on interest on interest in case of people below 60 years of age The current has been increased from Rs 40,000 to Rs 50,000. Along with this, the government has proposed to increase the limit of Rs 2.40 lakh to Rs 6 lakh for tax deduction on income from fare. This will reduce the number of transactions responsible for TDS, which will benefit small taxpayers.
- Budget for the third phase of e-Adalat: 1,500 crore has been allocated in the Union Budget for the third phase of the ambitious e-Adalat project to set up digital, online and paper-free lower courts in the country. The funds for the project have been allocated under ‘providing justice and legal reform National Mission’. Under the National E-Governance Scheme, the e-Adalat Project is being implemented since 2007 to enable the Indian judiciary to be competent in terms of information and technology. The second phase of the project ended in 2023. The third phase of the e-Adrat project started from 2023. Its objective is to introduce more accessible justice system through digital, online and paper -free courts through digitization of the entire record of the court including the old records.
- 11 percent increase in health budget: The Union Ministry of Health has been allocated Rs 99,858.56 crore in the budget of 2025-2026, which is about 11 percent more than Rs 89,974.12 crore of the budget (revised estimate) of 2024-2025. The government has also announced to set up ‘Day Care’ cancer centers in all district hospitals in the next three years. Of these, two hundred ‘day care’ cancer centers will be established in FY 2025-26 only. Finance Minister Nirmala Sitharaman, while presenting a budget of 2025-26 on Saturday, said that 10,000 additional seats will be added to medical colleges and hospitals next year towards the target of adding 75,000 seats in the next five years. As a relief on imports of drugs/medicines, 36 life -saving drugs have been fully exempted from basic customs (BCD) for the treatment of cancer, rare diseases and chronic diseases. Apart from this, along with 37 drugs, 13 new drugs and medicines under patient aid programs have been exempted from BCD, provided that they are made available to patients for free. The Finance Minister said that ‘Gig Workers’ will be provided health facilities under the PM Jan Arogya Yojana (PM-JAY), which will benefit about one crore such workers. ‘Gig workers’ are called workers whose work is unlikely. In other words, they do some work temporarily and then they change their work when they get a better opportunity. ‘Workers’, who deliver goods through apps like Swiggy, Jomato, Uber, are examples of this.
- Education in the budget, what on AI: The major announcements made by the government in the budget of 2025-26 for the education sector include 6,500 in five new Indian technology institutes (IITs) and expansion of infrastructure for education of students, 10,000 new seats of medical and promoting artificial intelligence Is. In the Union Budget 2025-26, the Ministry of Education has been allocated more than Rs 1.28 lakh crore, which is more than Rs 1.14 lakh crore for the revised estimate of 2024-25. While the Higher Education Department has allocated an amount of Rs 50,067 crore, the school education department has received Rs 78,572. Finance Minister Nirmala Sitharaman presented the eighth consecutive Union Budget. He said that the government will start the ‘Indian Language Book’ scheme to provide digital forms of Indian languages for school and higher education.
- Emphasis on nuclear power: Union Finance Minister Nirmala Sitharaman on Saturday announced several steps with the development of five small modular reactors by amending the nuclear mission of Rs 20,000 crore to promote nuclear power in the country, a revision of the legal structure and the development of five small modular reactors in a indigenous manner. of. While presenting the second budget of the third term of the government -led government led by Prime Minister Narendra Modi, Sitharaman also announced that all the states that carry forward power reforms will be eligible for additional loans equal to 0.5 percent of their GSDP (GDP). . He said, “Improvement in power sector … We will encourage power distribution reforms and increase inter-state transmission capacity by the states. This will improve the financial health and capacity of power companies. The states dependent on these reforms will be allowed to borrow an additional 0.5 percent of GSDP. ”He said that under the Nuclear Energy Mission, the development of at least 100 gigawatts by 2047 is necessary for our energy change efforts.
- Big initiative for environment: Finance Minister Nirmala Sitharaman on Saturday proposed to increase the fee exemption on capital goods used in the production of lithium-ion batteries. The move aims to promote domestic manufacturing of lithium-ion battery, a major component in electric vehicles and mobile phones. He said, “I propose to add 35 additional capital goods for EV battery manufacturing and mobile phone battery manufacturing 28 additional capital goods in the list of exempted capital goods.” The Finance Minister presented his record eighth consecutive budget budget While doing this, it will give a boost to the domestic manufacturing of lithium-ion battery for both mobile phones and electric vehicles.