
India's Budget 2025: Focus on Middle Class, Infrastructure, and Economic Growth | ABP NEWS
Finance Minister Nirmala Sitharaman is set to present the Union Budget today, marking her eighth consecutive budget presentation. The budget will detail the country's income and expenditure for the upcoming fiscal year. There are high expectations for the middle class, with speculation about possible tax relief and specific schemes for women. Infrastructure development, particularly in railways and ports, is also a key focus, as the government aims to boost economic growth and employment through capital expenditure, which has been allocated ₹12 lakh crore. While the economy's growth rate has slowed, India is still on track to become the third-largest economy by 2027. The budget is expected to address concerns regarding inflation, income tax slabs, and cost-of-living issues, with the government focusing on building a strong economic foundation for future progress. This budget is seen as crucial in the government's vision of transforming India into a developed nation by 2047.