The Union Budget 2025-26, unveiled by finance minister Nirmala Sitharaman, adeptly navigates the imperative of addressing immediate economic priorities while charting a path towards India’s long-term aspiration of becoming a developed nation by 2047. Staying firm on its commitment to fiscal discipline, the Budget tackles the temporary slowdown in consumption…
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FM focuses on critical growth levers in 2025 budget to drive inclusive development
The Finance Minister, while presenting her eighth consecutive Budget on February 1, 2025, unveiled a range of growth-enhancing measures that will go a long way in realizing India’s vision of a ‘Viksit Bharat’ by supporting inclusive growth and development, while promoting livelihoods and employment. Bold initiatives including the huge income…
The budget will help drive India’s expansion in challenging times
Finance minister Nirmala Sitharaman has presented a strong Union budget for 2025-26. It comes at a time of high uncertainty linked to global events, slowing domestic demand and a challenging fiscal outlook. Not only does it recognize the challenges, but also lays a roadmap for strong, inclusive and sustainable economic…
Growth-oriented, Reform-focused & Fiscally Prudent
The budget comes at a time of heightened global uncertainty and geo-economic fragmentation. In this backdrop, finance minister Nirmala Sitharaman chose to deliver a growth-oriented and reform focused budget that kept the economy on a fiscally prudent path. The highlight of this year’s budget was the focus on encouraging consumption…
Budget 2025-26: Growth-oriented budget with focus on consumption and consolidation
Finance Minister Ms. Nirmala Sitharaman presented a holistic, inclusive and development-oriented budget focused on boosting economic growth and generating employment, supported by wide-ranging measures that invest in people, economy, and innovation. This year’s Budget focused on four powerful engines of growth, and introduced reforms for agriculture, MSMEs, investment, and exports. On the…
Budget focus on tourism, retail & textiles crucial to generate jobs
India, now the world’s most populous nation with 1.45 billion people, stands at a pivotal moment in its history. This demographic milestone presents a unique opportunity to harness the potential of its vast workforce. To fully capitalise on this demographic dividend, it is imperative to create large-scale employment opportunities. Four…
Notes from Davos
The first day of the 2025 World Economic Forum (WEF) Meeting began with the Alpine sunshine casting a golden glow over the snow-lined Promenade in Davos. By day two, the temperatures dipped further, but the bustling energy on the streets stayed undeterred. WEF 2025: Collaboration for the Intelligent Age This…
Startup India: Catalysing economic growth and innovation
India has earned its place as the 3rd largest startup hub globally, with over 100 unicorns shaping the future of innovation and entrepreneurship. Recognised as a powerhouse of entrepreneurial spirit, the country boasts of 157,066 startups acknowledged by the Department for Promotion of Industry and Internal Trade (DPIIT) with more…
Build on momentum of Aussie trade pact
A Historic Relationship with a Dynamic Future India and Australia have long shared a relationship rooted in history, democratic values and mutual respect. Both nations, members of the Commonwealth, operate under similar legal frameworks and parliamentary democracies. But it is their economic partnership that has recently taken centre-stage, setting the…
Time to boost demand drivers of growth
Booster Dose, Increased allocations towards PM-KISAN and MGNREGA in the upcoming Budget can spur growth Amidst global uncertainties, the Indian economy has demonstrated remarkable resilience, with its real GDP averaging 8.3 per cent in the last three fiscal years. However, a few signs of moderating economic momentum have emerged, as…