Budget 2025 Update: The country’s budget will be presented today, February 1. Union Finance Minister Nirmala Sitharamanwillo shows the entire fiscal year 2025-26 budget on February 1, and different sections and sectors of the country expect it.
Will the tax burden on the middle class be reduced, or will there be something unique for the lower-income group? We will reveal in a few hours which sector will be more focused on. Today, we will tell you through this news what the expectations of the health sector and farmers are from Budget 2025. Let’s take a look at this.
This will be the first entire budget of Modi government 3.0, while Nirmala Sitharaman will present the 8th consecutive budget as Union Finance Minister.
Will the government focus on railways?
If reports are to be believed, the government can give a gift of more than Rs 3 lakh crore to the railways under the budget. Last year, Rs 2.65 lakh crore was given to the railways in the budget. Experts believe that with this increased amount, the work of station upgradation can be accelerated, many modern trains can be started, and the work of strengthening the railway infrastructure can also be done very fast. Work on the bullet train project can progress rapidly. Advanced signalling systems can also be used to reduce railway accidents.
Health Sector Expectation
Union Finance Minister Nirmala Sitharaman can make a big announcement for the health sector in her budget. This time, about 10 per cent more money can be received than last year. Earlier, an allocation of Rs 91 thousand crores was made, which can be increased to around 1 lakh crore. The Modi government can also announce an increase in the number of seats in medical colleges.
Employment opportunities will increase.
The central government can also announce new opportunities for the youth in the entire budget. Based on the recommendations of the CII, the government can work to develop an integrated national policy. In this, it plans to incorporate the schemes of all the ministries employing one. Getting an internship to work k in government is possible.
Real Estate
The real estate sector has long demanded that the tax exemption on home loans be increased from Rs 2 lakh to Rs 5 lakh. Given rising inflation, affordable housing is also being promoted. To increase investment, the real estate sector has also demanded that the government remove the Rs 10 crore deduction limit on capital gains.
PM Kisan Samman Nidhi’s amount is expected to increase
An increase in the PM Kisan Samman Nidhi scheme can also be announced. There is a demand to directly increase the amount of the PM Kisan Yojana from Rs 6 thousand to Rs 12 thousand. Farmers are currently provided Rs 2-2 thousand in instalments. At the same time, an announcement can also be made to increase the income tax exemption limit.