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Prime Minister Narendra Modi’s speech before budget 2025 led to speculation about the priorities of the main policy. Calling the middle class, women, and the poor, his speech proposed a budget formed by economic relief, tax identification, and the expansion of social welfare.
“I pray to God to shower the poor and medium class in blessings,” Modi stated, providing for the expectations of populism. Its focus on “inclusion, investment and innovation” indicates possible interventions in combating inflation, tax reviews and plans that focus on women.
With hypertension and stagnant tax relief that presses the middle class in India, the budget may offer 2025 measures to relieve financial pressure. Analysts expect adjustments to income tax boards and increased food subsidies.
Experts said that the government will probably participate with RBI to balance interest rates, install the rupee exchange rate, and reduce inflation caused by imports such as fuel and edible oils.
The expansion of the Pradhan Mantry Garib Kalyan Anna Yojana or the provision of commodity tax exemptions and services on basic goods can be on the table.
Tax motives are waiting for possible reviews in income and discounts panels. While the government intends to keep the new tax system, reports indicate that the amendments may be in the store.
Last year, Finance Minister Nermalla Sitramman raised the usual discount for individuals with a wage to $ 75,000, claiming that she had provided a net of $ 17,500. Discussions this year indicate another possible rise, as well as possible relief for higher income people to promote spending on consumers.
With the slow economic demand and elections looming on the horizon, the government may be forced to reduce the tax burdens.
Moody emphasized women as a major axis, which hints of social welfare expansion.
“It will be a fiery and empowerment of women, the focus center,” stated, and raised expectations to create job opportunities, financial integration, and social welfare plans.
The incentive -related incentive system and the skills program can see improvements to create more opportunities for women. Experts also expect to increase the allocations of Mission Shakti, Matru Vandana Yojana and Janani Suraksha Yojana, which focuses on safety, mother health and financial access.
In the budget of last year, $ 3 crusher has been allocated to these initiatives – this number is expected to rise.
“Programs like Bradhan Mantry Jean -Dan Yogana and Modra Yogana have already enabled women financially. Rajish Sharma, the administrative director of Capri loans, says that increased financing would enhance the growth of entrepreneurship and economic growth.
In addition, with the end of the Mahila Samman Saving certificate in March 2025, the government may extend it or provide new investment options designed for women.
Moody’s call to the goddess Lakshmi, referring to the poor, has increased expectations for expanded social security programs.
The main focus areas may include:
- Extension of free food pill plans
- Enhancing rural recruitment programs under MGNREGA
- Enhancing affordable housing through PMay
If Modi’s speech is an indication, the 2025 budget will try to balance popular luxury with economic growth strategies – but whether it meets expectations still should be seen.
