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Finance Minister Nermalla Setharmanan provided the Federation’s budget 2025-26, which determines the main priorities for accelerating economic growth, ensuring comprehensive development, supporting industries, and promoting home feelings. The budget also confirmed the increased power of spending for the growing middle class in India.
The Federation’s budget 2025-26 with an attempt to accelerate growth B. Security of comprehensive development c. Activating society and industry d. Raise home feelings and H. Ceramman said while clarifying the focus of its budget.
The elements that have become cheaper
The elements that have become more expensive
Last year, Sitharaman made customs duties on gold, silver, platinum and many other elements. Important changes included a decrease in mobile duties, cancer drugs, and some minerals. However, the prices of telecommunications and plastic products were set due to the high duties.
The budget comes in the background of the GDP growth rate is expected to decrease to 4 years by 6.4 percent in the current fiscal year, near the average decade.
The Economic Survey 2024-25 submitted by the Minister of Finance in both Councils GDP in India in the range of 6.3-6.8 per cent in the 26th fiscal year, which is much less than what is required to become a developed state, and requires the abolition of restrictions and reforms in regions such as land and work to motivate Growth.
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