{"id":169705,"date":"2025-02-03T13:19:39","date_gmt":"2025-02-03T07:49:39","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=169705"},"modified":"2025-02-03T13:19:40","modified_gmt":"2025-02-03T07:49:40","slug":"union-budget-2025-26-detailed-analysis","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/union-budget-2025-26-detailed-analysis\/","title":{"rendered":"Union Budget 2025-26: Detailed Analysis"},"content":{"rendered":"\n<p>The Union Budget for 2025-26 presents a detailed plan for boosting India\u2019s economic growth, focusing on expanding infrastructure, maintaining fiscal discipline, and promoting inclusive development. With a total expenditure of \u20b950.65 lakh crore, the budget emphasizes capital investment, social sector initiatives, and tax reforms, with a goal of lowering the fiscal deficit to 4.4% of GDP. Major allocations include substantial funding for railways, highways, defense, and rural development, highlighting the government\u2019s dedication to long-term economic stability and job creation.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Key focus of the 2025-2026 Budget includes:<\/h1>\n\n\n\n<p><strong>Agriculture &amp; Rural Prosperity<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Programs like the National Mission on High Yielding Seeds and Makhana Board aim to improve agricultural productivity.<\/li>\n\n\n\n<li>Enhanced credit for farmers, with short-term loans through Kisan Credit Cards (KCC) and the launch of missions to promote pulses production and sustainable cotton farming.<\/li>\n<\/ul>\n\n\n\n<p><strong>Support for MSMEs<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revision of MSME classification to encourage growth with revised investment and turnover limits.<\/li>\n\n\n\n<li>Credit guarantees and customized credit cards for micro-enterprises, supporting up to 10 lakh micro-businesses.<\/li>\n\n\n\n<li>Focus on labor-intensive sectors, including footwear, leather, toy, and food processing industries to create jobs.<\/li>\n<\/ul>\n\n\n\n<p><strong>Infrastructure &amp; Urban Development<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Urban Challenge Fund allocates \u20b91 lakh crore for redeveloping cities and water management.<\/li>\n\n\n\n<li>Support for states through a \u20b91.5 lakh crore outlay for capital expenditure, including interest-free loans.<\/li>\n<\/ul>\n\n\n\n<p><strong>Technological &amp; Educational Advancements<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Expansion of medical education, artificial intelligence initiatives, and Atal Tinkering Labs.<\/li>\n\n\n\n<li>Broadband connectivity in rural schools, Centers of Excellence for skilling, and development of IITs.<\/li>\n<\/ul>\n\n\n\n<p><strong>Tax Reforms<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Proposals for rationalizing tax structures and extending the deadline for filing updated returns.<\/li>\n\n\n\n<li>Income tax reform focused on the middle class, with deductions for senior citizens and adjustments in TDS limits for rent payments.<\/li>\n<\/ul>\n\n\n\n<p><strong>Financial Sector Reforms<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Increased foreign direct investment limits for the insurance sector and revamped credit score frameworks for rural areas.<\/li>\n\n\n\n<li>Introduction of the Grameen Credit Score to serve rural credit needs, and revamped KYC registry for speedier approvals.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Rupee Comes From (Budget 2025-26)<\/h2>\n\n\n\n<p>The government\u2019s total revenue comes from various sources, categorized as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Corporation Tax<\/strong>\u00a0\u2013 17%<\/li>\n\n\n\n<li><strong>Income Tax (includes Securities Transaction Tax)<\/strong>\u00a0\u2013 22%<\/li>\n\n\n\n<li><strong>Customs Duty<\/strong>\u00a0\u2013 4%<\/li>\n\n\n\n<li><strong>Union Excise Duties<\/strong>\u00a0\u2013 5%<\/li>\n\n\n\n<li><strong>Goods &amp; Services Tax (GST) &amp; Other Taxes<\/strong>\u00a0\u2013 18%<\/li>\n\n\n\n<li><strong>Non-Tax Receipts<\/strong>\u00a0\u2013 9%<\/li>\n\n\n\n<li><strong>Non-Debt Capital Receipts<\/strong>\u00a0\u2013 1%<\/li>\n\n\n\n<li><strong>Borrowings &amp; Other Liabilities<\/strong>\u00a0\u2013 24%<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Rupee Goes To (Budget 2025-26)<\/h2>\n\n\n\n<p>The government\u2019s expenditure is divided into multiple categories:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Central Sector Schemes (excluding Defence &amp; Major Subsidies)<\/strong>\u00a0\u2013 16%<\/li>\n\n\n\n<li><strong>Interest Payments<\/strong>\u00a0\u2013 20%<\/li>\n\n\n\n<li><strong>Defence<\/strong>\u00a0\u2013 8%<\/li>\n\n\n\n<li><strong>Major Subsidies (Food, Fertilizer, Petroleum, etc.)<\/strong>\u00a0\u2013 6%<\/li>\n\n\n\n<li><strong>Finance Commission &amp; Other Transfers<\/strong>\u00a0\u2013 8%<\/li>\n\n\n\n<li><strong>State Share of Taxes &amp; Duties<\/strong>\u00a0\u2013 22%<\/li>\n\n\n\n<li><strong>Pensions<\/strong>\u00a0\u2013 4%<\/li>\n\n\n\n<li><strong>Other Expenditure<\/strong>\u00a0\u2013 8%<\/li>\n\n\n\n<li><strong>Centrally Sponsored Schemes<\/strong>\u00a0\u2013 8%<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Total Revenue and Expenditure<\/h2>\n\n\n\n<p><strong>Revenue Estimates<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Total Revenue Receipts:\u00a0<strong>\u20b934,20,409 crore<\/strong><\/li>\n\n\n\n<li>Tax Revenue (Net to Centre):\u00a0<strong>\u20b928,37,409 crore<\/strong><\/li>\n\n\n\n<li>Non-Tax Revenue:\u00a0<strong>\u20b9583,000 crore<\/strong><\/li>\n\n\n\n<li>Capital Receipts (including borrowings):\u00a0<strong>\u20b916,44,936 crore<\/strong><\/li>\n<\/ul>\n\n\n\n<p><strong>Expenditure Estimates<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Total Expenditure:\u00a0<strong>\u20b950,65,345 crore<\/strong><\/li>\n\n\n\n<li>Revenue Expenditure:\u00a0<strong>\u20b939,44,255 crore<\/strong><\/li>\n\n\n\n<li>Capital Expenditure:\u00a0<strong>\u20b911,21,090 crore<\/strong><\/li>\n\n\n\n<li>Effective Capital Expenditure:\u00a0<strong>\u20b915,48,282 crore<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Deficit Indicators<\/p>\n\n\n\n<p><strong>Key Deficit Figures<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Fiscal Deficit<\/strong>: \u20b91,56,89,36 crore (4.4% of GDP)<\/li>\n\n\n\n<li><strong>Revenue Deficit<\/strong>: \u20b95,23,846 crore (1.5% of GDP)<\/li>\n\n\n\n<li><strong>Effective Revenue Deficit<\/strong>: \u20b996,654 crore (0.3% of GDP)<\/li>\n\n\n\n<li><strong>Primary Deficit<\/strong>: \u20b92,92,598 crore (0.8% of GDP)<\/li>\n<\/ul>\n\n\n\n<p><strong>Deficit Financing<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Market Borrowings:\u00a0<strong>\u20b911,53,834 crore<\/strong><\/li>\n\n\n\n<li>Securities against Small Savings:\u00a0<strong>\u20b9343,382 crore<\/strong><\/li>\n\n\n\n<li>External Debt:\u00a0<strong>\u20b923,490 crore<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Sector-Wise Allocation<\/h2>\n\n\n\n<p><strong>Major Expenditures<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Interest Payments<\/strong>: \u20b912,76,338 crore<\/li>\n\n\n\n<li><strong>Defence<\/strong>: \u20b94,91,732 crore<\/li>\n\n\n\n<li><strong>Pension<\/strong>: \u20b92,76,618 crore<\/li>\n<\/ul>\n\n\n\n<p><strong>Subsidies<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Food:\u00a0<strong>\u20b9203,420 crore<\/strong><\/li>\n\n\n\n<li>Fertilizer:\u00a0<strong>\u20b9167,887 crore<\/strong><\/li>\n\n\n\n<li>Petroleum:\u00a0<strong>\u20b912,100 crore<\/strong><\/li>\n<\/ul>\n\n\n\n<p><strong>Key Infrastructure and Development Allocations<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Rural Development<\/strong>: \u20b92,66,817 crore<\/li>\n\n\n\n<li><strong>Education<\/strong>: \u20b91,28,650 crore<\/li>\n\n\n\n<li><strong>Healthcare<\/strong>: \u20b998,311 crore<\/li>\n\n\n\n<li><strong>Urban Development<\/strong>: \u20b996,777 crore<\/li>\n\n\n\n<li><strong>Transport Infrastructure<\/strong>: \u20b95,48,649 crore<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Transfer to States &amp; UTs<\/h2>\n\n\n\n<p><strong>Total Transfer to States &amp; UTs<\/strong>: \u20b925,01,284 crore<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>State Devolution:\u00a0<strong>\u20b914,22,444 crore<\/strong><\/li>\n\n\n\n<li>Finance Commission Grants:\u00a0<strong>\u20b91,32,767 crore<\/strong><\/li>\n\n\n\n<li>Centrally Sponsored Schemes:\u00a0<strong>\u20b9541,850 crore<\/strong><\/li>\n\n\n\n<li>Other Grants &amp; Loans:\u00a0<strong>\u20b93,74,725 crore<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Key Government Schemes and Allocations<\/h2>\n\n\n\n<p><strong>Agriculture &amp; Rural Development<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>PM-KISAN<\/strong>: \u20b963,500 crore<\/li>\n\n\n\n<li><strong>Mahatma Gandhi NREGA<\/strong>: \u20b986,000 crore<\/li>\n\n\n\n<li><strong>PM Awas Yojana (Grameen &amp; Urban)<\/strong>: \u20b574,626 crore<\/li>\n<\/ul>\n\n\n\n<p><strong>Education &amp; Employment<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>PM Schools for Rising India (PM SHRI)<\/strong>: \u20b97,500 crore<\/li>\n\n\n\n<li><strong>Samagra Shiksha<\/strong>: \u20b941,250 crore<\/li>\n\n\n\n<li><strong>Skill Development &amp; Apprenticeships<\/strong>: \u20b913,560 crore<\/li>\n<\/ul>\n\n\n\n<p><strong>Health &amp; Social Welfare<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ayushman Bharat \u2013 PMJAY<\/strong>: \u20b99,406 crore<\/li>\n\n\n\n<li><strong>POSHAN 2.0 (Nutrition Mission)<\/strong>: \u20b921,960 crore<\/li>\n\n\n\n<li><strong>Social Assistance Programs<\/strong>: \u20b99,652 crore<\/li>\n<\/ul>\n\n\n\n<p><strong>Infrastructure &amp; Industrial Development<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Jal Jeevan Mission<\/strong>: \u20b967,000 crore<\/li>\n\n\n\n<li><strong>PM Gram Sadak Yojana<\/strong>: \u20b919,000 crore<\/li>\n\n\n\n<li><strong>Production Linked Incentive (PLI) Schemes<\/strong>: \u20b92,445 crore<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Budget Allocations for All Ministries (2025-26):<\/h2>\n\n\n\n<p><strong>Top Ministries by Budget Allocation<\/strong><\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Ministry of Finance<\/strong>\u00a0\u2013 \u20b919,39,001.26 crore<\/li>\n\n\n\n<li><strong>Ministry of Defence<\/strong>\u00a0\u2013 \u20b96,81,210.27 crore<\/li>\n\n\n\n<li><strong>Ministry of Consumer Affairs, Food &amp; Public Distribution<\/strong>\u00a0\u2013 \u20b92,15,767.09 crore<\/li>\n\n\n\n<li><strong>Ministry of Railways<\/strong>\u00a0\u2013 \u20b92,55,445.18 crore<\/li>\n\n\n\n<li><strong>Ministry of Road Transport &amp; Highways<\/strong>\u00a0\u2013 \u20b92,87,333.16 crore<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Key Ministry Allocations<\/h2>\n\n\n\n<p><strong>Infrastructure &amp; Development<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ministry of Housing &amp; Urban Affairs<\/strong>\u00a0\u2013 \u20b996,777.00 crore<\/li>\n\n\n\n<li><strong>Ministry of Power<\/strong>\u00a0\u2013 \u20b921,847.00 crore<\/li>\n\n\n\n<li><strong>Ministry of Ports, Shipping &amp; Waterways<\/strong>\u00a0\u2013 \u20b93,470.58 crore<\/li>\n<\/ul>\n\n\n\n<p><strong>Social Sectors<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ministry of Education<\/strong>\u00a0\u2013 \u20b91,28,650.05 crore<\/li>\n\n\n\n<li><strong>Ministry of Health &amp; Family Welfare<\/strong>\u00a0\u2013 \u20b999,858.56 crore<\/li>\n\n\n\n<li><strong>Ministry of Women &amp; Child Development<\/strong>\u00a0\u2013 \u20b926,889.69 crore<\/li>\n\n\n\n<li><strong>Ministry of Rural Development<\/strong>\u00a0\u2013 \u20b91,90,405.53 crore<\/li>\n<\/ul>\n\n\n\n<p><strong>Scientific Research &amp; Technology<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Department of Space<\/strong>\u00a0\u2013 \u20b913,416.20 crore<\/li>\n\n\n\n<li><strong>Ministry of Science &amp; Technology<\/strong>\u00a0\u2013 \u20b938,613.32 crore<\/li>\n\n\n\n<li><strong>Ministry of Electronics &amp; IT<\/strong>\u00a0\u2013 \u20b926,026.25 crore<\/li>\n<\/ul>\n\n\n\n<p><strong>Agriculture &amp; Industry<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ministry of Agriculture &amp; Farmers Welfare<\/strong>\u00a0\u2013 \u20b91,37,756.55 crore<\/li>\n\n\n\n<li><strong>Ministry of Commerce &amp; Industry<\/strong>\u00a0\u2013 \u20b918,446.05 crore<\/li>\n\n\n\n<li><strong>Ministry of Chemicals &amp; Fertilizers<\/strong>\u00a0\u2013 \u20b91,61,965.21 crore<\/li>\n<\/ul>\n\n\n\n<p><strong>Law &amp; Governance<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ministry of Home Affairs<\/strong>\u00a0\u2013 \u20b92,33,210.68 crore<\/li>\n\n\n\n<li><strong>Ministry of Law &amp; Justice<\/strong>\u00a0\u2013 \u20b95,850.37 crore<\/li>\n\n\n\n<li><strong>Ministry of External Affairs<\/strong>\u00a0\u2013 \u20b920,516.61 crore<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Union Budget for 2025-26 presents a detailed plan for boosting India\u2019s economic growth, focusing on expanding infrastructure, maintaining fiscal discipline, and promoting inclusive development. With a total expenditure of \u20b950.65 lakh crore, the budget emphasizes capital investment, social sector initiatives, and tax reforms, with a goal of lowering the fiscal deficit to 4.4% of [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":169706,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5359],"tags":[72],"offerexpiration":[],"class_list":["post-169705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-february-2025","tag-union-budget-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/169705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=169705"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/169705\/revisions"}],"predecessor-version":[{"id":169707,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/169705\/revisions\/169707"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/169706"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=169705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=169705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=169705"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=169705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}