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Budget 2025 - Empowering Engines for development

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Budget 2025 - Empowering Engines for development
CSSwati Rawat By: CSSwati Rawat
February 1, 2025
All Articles by: CSSwati Rawat       View Profile
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Budget 2025 – What it says - “A country is not just its soil, it is its people

Budget 2025 aiming to 10 extensive areas focusing on Garib, Youth, Annadata and Nari. Development agriculture, MSME, investments and exports upliftment.

PM Dhan Dhanya Krishi Yojana will benefit 1.5 crore farmers to boost Agri productivity, adopt crop diversification, expand post harvest storage at panchayat, block level, bolster irrigation, improve availability of short and long-term credit.

Government to launch 6-year mission for self-sufficiency in pulses. Comprehensive programme for vegetables, fruits to be launched,

‘Makhana board’ will be set up in Bihar, as announced as this snack has gained global popularity.

Fish production And upliftment for aquaculture - Loan limit on modified interest subvention scheme to be raised to Rs 5 lakh from Rs 3 lakh for farmers, fishermen.

Cotton productivity mission to work towards rejuvinating India's textile sector. Five-year mission for cotton productivity to be launched.

Urea supply, plant with annual capacity of 12.7 lakh metric tons will be set up in Assam.

Credit guarantee cover to be enhanced for MSMEs to Rs 10 crore from Rs 5 crore. Investment and turnover limit for classification of all MSMEs will be enhanced to 2.5 and 2 times respectively.

New scheme to be launched for five lakh women, SC, ST first time entrepreneurs. Scheme to provide loans of Rs 2 crore for women, SC, ST first-time entrepreneurs.

National Manufacturing mission covering small, medium, large industries to further 'Make In India'.

Establish national institute of food technology, management in Bihar to bolster food processing activity.

Centres of Excellence in AI for education to be set up with total outlay of Rs 500 crore.

Social security scheme - Scheme for socio economic upliftment of urban workers to be set up. Social Security Scheme for welfare of online platform workers to be set up.

Promoting capability centres in tier-2 cities. Bharat trade net will be set up as a Single platform for trade documentation and financing solution. Support will be provided to develop domestic manufacturing capacities for economy's upliftment.
 

 

By: CSSwati Rawat - February 1, 2025

 

 

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