Budget Announcements

MSMEs:

- Enhancing finance for MSMEs with a focus on handholding and training.
- Prioritizing training for Micro, Small, and Medium Enterprises (MSMEs) to enhance global competitiveness.
- Bridging credit gaps, preparing the financial sector, and easing accessibility to finance for MSMEs.

DEFENCE:

- Introduction of new schemes for defense technology enhancement.
- Targeted defense spending of Rs 6.2 lac Cr.

RAILWAYS:

- Conversion of 40,000 rail bogies to Vande Bharat standards.
- Expansion of metro rail and Namo Bharat to other cities.
- Implementation of three major railway corridor programs.

EDUCATION:

- NEP 2020 bringing transformative reforms.
- Establishment of PM Schools for quality teaching.
- Setting up 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMS, and 390 universities.
- 28% increase in female enrollment in higher education over the last 10 years.
- Women constitute 43% of enrollment in STEM courses.

ENERGY (RENEWABLES & NON-RENEWABLES):

- Focus on energy security and accessibility.
- Rooftop solar projects for 1 crore households.
- Viability Gap Funding for offshore wind projects.
- Mandatory blending of compressed biogas in CNG.
- Setting up coal gasification and liquefaction capacity.

LOGISTICS:

- India-Middle East-Europe Economic Corridor as a 'game changer.'
- Implementation of three major economic corridor programs.
- Introduction of 517 new routes under UDAN projects.

INFRASTRUCTURE:

- FY25 infra outlay increased to Rs 11.11 lakh crores.
- Projected infra spend at 3.4% of GDP.
- 11.1% increase in infrastructure capex budget at Rs 11.1 trillion.

TOURISM:

- Establishment of iconic tourist centers.
- Long-term interest-free loans to states for tourism infrastructure.
- Development of port infrastructure in island destinations.

FOOD PROCESSING & AGRICULTURE:

- Setup of 5 integrated aqua parks.
- Strategy for Atmanirbharta in oilseeds.
- Expansion of Nano DAP application.
- Various schemes for reducing post-harvest losses and improving productivity.

STARTUPS:

- Corpus of 1 lakh crore with 50-year interest-free loan for startups.

INCLUSIVE GROWTH (WOMEN EMPOWERMENT):

- PM Vishwakarma Yojana for artisans.
- Ayushman Bharat coverage extended to ASHA and Anganwadi workers.
- PM Awas Yojana Grameen for building 2 crore houses.
- Lakhpati Didi initiative for rural women.

ENVIRONMENT:

- New scheme for green growth through bio manufacturing and biofoundry.

DIRECT TAXES:

- Withdrawal of outstanding direct tax demands up to ₹25,000 and ₹10,000 for specified financial years.

HEALTHCARE:

- Setup of new medical colleges.
- Integration of maternal and childcare under a comprehensive scheme.
- Focus on cervical cancer vaccination for girls aged 9-14.

INTERNATIONAL TRADE:

- FDI inflow of 596 billion USD during 2014-'23.
- Negotiations for bilateral investment treaties and trade treaties.

MISCELLANEOUS:

- Aim to create 50 lakh employment opportunities through Pradhan Mantri Matsya Sampada Yojana.
- Focus on charging infrastructure for electric vehicles and entrepreneurship opportunities.
- Projects for port connectivity, tourism infrastructure, and amenities on Indian islands for employment generation.
- Collaboration with states for aspirational district development and focus on the Eastern Region of India.