New Significance of the Economic Survey 2025
India’s Budget Session 2025: Key Dates, Themes, and Legislative Goals
The 2025 Budget Session of Parliament is set to kick off on January 31 and will run until April 4, comprising 27 sittings. This highly anticipated session will cover vital national issues, including the presentation of the Union Budget 2025-26 by Finance Minister Nirmala Sitharaman on February 1. Let’s explore the major highlights and expected outcomes of the session.
A Formal Start with the President’s Address
On January 31, President Droupadi Murmu will address both Houses of Parliament in a joint session. Her address will outline the government’s achievements and set legislative priorities for the year ahead. The Economic Survey 2025 will also be presented on the same day, providing critical insights into India’s economic performance over the last year.
The Economic Survey is a vital document, offering detailed analysis of key economic indicators such as inflation, GDP growth, and fiscal policy. It will guide the framing of the Union Budget 2025-26 and help in assessing the economic trajectory of the country.
Union Budget 2025-26: Focus Areas and Key Expectations
The Union Budget, scheduled for February 1, will be delivered by Nirmala Sitharaman, marking her eighth straight budget presentation. This year’s budget is expected to focus on several critical aspects of India’s economic recovery and growth.
Potential key areas include:
- Growth Stimulus: New initiatives aimed at driving economic recovery through investments in infrastructure and manufacturing.
- Taxation and Relief: Reforms that could provide tax relief to individuals and corporations, boosting disposable income and investment.
- Social Welfare: A focus on healthcare, education, and housing programs for marginalized and rural populations.
- Climate Action and Green Energy: Proposals to enhance India’s commitment to climate goals and invest in clean energy initiatives.
Prime Minister Modi’s Speech: A Response to the President’s Address
During the first phase of the session, Prime Minister Narendra Modi will respond to the Motion of Thanks to the President’s address. This speech is a significant moment in the session, where Modi will elaborate on the government’s priorities, particularly in the areas of economic growth, job creation, and social welfare.
Focus Areas in the Budget Session
The Budget Session of 2025 will be a comprehensive discussion on the country’s economic and social agenda. Key issues expected to dominate discussions include:
- Economic Growth and Employment Generation: Measures to address unemployment and create new jobs in emerging sectors.
- Agriculture and Rural Development: Policies to boost the agricultural sector and ensure better income for farmers.
- Tax Reforms: Potential changes in income tax slabs to provide relief and stimulate spending.
