Insights Market25 Feb, 2025Finance
The Union Budget FY2025 focuses on economic growth, infrastructure, and social welfare. The government has increased capital expenditure to boost development, with a strong push for roads, railways, and renewable energy. Tax relief for middle-class taxpayers and incentives for startups aim to support businesses. Healthcare and education sectors receive higher allocations, while rural schemes get a funding boost. The fiscal deficit target is set to decline, ensuring financial stability. With a focus on job creation, digital economy, and Make in India, the budget aims for long-term economic strength.
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