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Gopocket Live Updation (Budget 2025): Saksham Anganwadi and Poshan 2.0 to empower women and children with nutrition
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Gopocket Live Updation (Budget 2025): A new manufacturing mission under the Make in India initiative will support small, medium, and large industries through comprehensive policy backing and a detailed framework. The mission aims to create an ecosystem for solar PV cells, electrolysers, and grid-scale batteries.
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Gopocket Live Updation (Budget 2025): FM Nirmala Sitharaman announced a fresh contribution of an additional ā¹ 10,000 crore, in addition to existing government contribution of Rs. 10,000 crore for startups.
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Gopocket Live Updation (Budget 2025): FM Sitharaman says, national institute of food tech to be established in Bihar to support entrepreneur, development and to enhance farmer income.
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Gopocket Live Updation (Budget 2025): Dhan Dhaniya Krishi Yojna in partnership with states to cover 100 districts with low productivity will help 1.7 cr farmers to build rural prosperity, says the FM. She also said the Yojana will generate ample opportunities in rural areas to make migration an option, and not necessity, says FM Nirmala Sitharaman
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Gopocket Live Updation (Budget 2025): New Fund of Funds (FoF) with fresh expanded scope & fresh contribution of ā¹10,000 crore to be set up. FoF for startups received commitments for over ā¹9 lakh crore.
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Gopocket Live Updation (Budget 2025): New scheme announced for SC/ST women offering 5-year term loans
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Gopocket Live Updation (Budget 2025): Scheme to focus on manufacture of sustainable toys with a Made in India brand
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Gopocket Live Updation (Budget 2025): MSMEs as the second engine: Sitharaman
MSMEs are the second engine which encompasses manufacturing and services, with a focus on MSME numbering 5.7 crores.
āCurrently, over 1 crore registered MSMES, generating 36% of our manufacturing have come together to position India as a global manufacturing hub,ā Ms. Sitharaman says.
āThese MSMEs are responsible for 45% of our exports. To help them achieve higher efficiencies of scale, technological upgradation, get better access to capital, the investment and turnover limit for classification of all MSMEs will be enhanced to 2.5 and 2 times respectively.ā
To improve access to credit, the credit guarantee cover will be enhanced, which will also include Start-ups.
Fund of Funds for Startups - Alternative investment funds have received commitments of more than ā¹91,000 crore. Now a new Fund of Funds with expanded scope and a fresh contribution of another ā¹10, 000 crore will be set up. A new scheme will be launched for 5 lakh women Scheduled Caste and Schedule Tribe first-time entrepreneurs.
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Gopocket Live Updation (Budget 2025): Additional infrastructure will be increased in the IITs established after 2014, said the FM. She also said that IIT Patna would be expanded
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Gopocket Live Updation (Budget 2025): The Finance Minister announced a dedicated scheme for Indiaās footwear and leather sector, expected to generate employment for 22 lakh individuals, achieve a revenue of ā¹4 lakh crore, and boost exports to over ā¹1.1 lakh crore.
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Gopocket Live Updation (Budget 2025): India Post is set to be transformed into a major public logistics organisation. With the support of India Post Payments Bank and 2.4 lakh dak sevaks, it aims to become a catalyst for rural logistics and development.
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Gopocket Live Updation (Budget 2025): Agriculture as the first engine: Sitharaman
Proposals for agriculture:
PM Dhan Dhanya Krishi Yojana, a developing agri-districts programme, will cover 100 districts.
A national mission for high yielding seeds will be launched.
A comprehensive program for vegetable and fruits will also be launched in partnership with States.
Makhana Board to be set up in Bihar.
India ranks second largest globally in fishery products. āOur government will bring an enabling framework for sustainable harnessing of fisheries in Indiaās economic zone.ā
Mission for Cotton productivity will facilitate significant improvement in cotton farming.
Kisan credit cards facilitate short term loans for 7.7 crore farmers, fishermen and dairy farmers. The loan limit will be enhanced from ā¹3 lakh to ā¹5 lakh.
For Atmanirbharta in urea production, a plant with annual capacity of 12.7 lakh metric tonnes will be set up in Assam.
India Post with 1.5 lakh rural post offices, complemented by the India Posts Payment Bank, will be repositioned to act as a catalyst for the rural economy. India Post will also be transformed as a large public sector logistics organisation to meet rising needs.
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Gopocket Live Updation (Budget 2025): FM Nirmala Sitharaman announced that broadband connectivity would be expanded to all government secondary schools and primary health centres in rural areas.
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Gopocket Live Updation (Budget 2025): FM Sitharaman says, "The investment and turnover limits for classification of all MSMEs will be enhanced to 2.5 and 2 times respectively. This will give them the confidence to grow and generate employment for our youth."
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Gopocket Live Updation (Budget 2025): Nirmala Sitharaman proposes to transform India Post into a large logistical organisation
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Gopocket Live Updation (Budget 2025): Limit under Kisan Credit Card enhanced
Budget 2025 Speech LIVE: FM Nirmala Sitharaman announced that the limit under Kisan Credit Card would be enhanced to ā¹5 lakh from ā¹3 lakh to further flow of credit to farmers.
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Gopocket Live Updation (Budget 2025): Govt to support NCDCs, says FM
Budget 2025 Speech LIVE: Government to provide support to National Cooperatives Development Corporations (NCDCs) for its lending operations for cooperative sector.
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Gopocket Live Updation (Budget 2025): M Sitharaman says urea plant to be set up in Assam
Budget 2025 Speech LIVE: FM Sitharaman says, āUrea Plant to be set up in Assam to further augment urea supply"
⢠Plant with annual capacity of 12.7 lakh metric tons to be set up at Namrup, Assam
⢠3 dormant urea plants in the Eastern region had been reopened
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Gopocket Live Updation (Budget 2025): Transformative reforms across six domains: Sitharaman
To realise the goal of Viksit Bharat, this budget focuses on transformative reforms across six domains. These are:
1. Taxation
2. Power sector
3. Urban development
4. Mining
5. Financial sector
6. Regulatory reforms
