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Opinion: Budget 2025 — How Can FM Spur Consumption And Provide Relief To The Middle Class?
The second Union Budget of Modi government 3.0 will be presented on February 1, 2025. The Indian economy is facing severe challenges. India’s GDP growth is projected to be 6.4% in 2025, which is the lowest it’s been since the Covid-19 pandemic. This is a significant drop from the 8.2% growth in 2024.
The middle class is reeling under a high tax regime and high inflation, and household savings are at an all-time low — personal loans have shown exponential growth, wage
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Amitabh Tiwari
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Nayanima Basu
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