NITI Aayog’s former CEO Amitabh Kant has hailed the Union Budget 2025 as one of the most progressive and forward-looking financial plans, asserting that it lays the foundation for India’s sustained economic growth at 8-9 per cent over the next three decades.

Tata Motors CFO analyzes growth-oriented Union Budget with focus on income tax, MSME sector, fiscal deficit, infrastructure, and sustainable energy.

Presenting the Budget, Finance Minister Nirmala Sitharaman said the government will support domestic industries in making solar panels, EV batteries, wind turbines and electrolysers while working towards producing 100 GW of nuclear energy by 2047.

India's federal government is expected to use next month's budget to stimulate economic growth through measures such as income tax cuts, although a significant increase in capital expenditure appears unlikely,

Budget documents show that the Centre has allotted Rs 6.81 lakh crore ($78 billion) for defence spending in Union Budget 2025 – a 9.5 per cent increase over last year. India is poised to spend 1.9 per cent of its projected gross domestic product (GDP) on defence.

The first full Budget of Modi 3.0, presented by Finance Minister Nirmala Sitharaman on February 1, 2025, has introduced major measures to drive entrepreneurship, innovation, employment, and tax relief.