Finance Minister Nirmala Sitharaman will present her eighth consecutive budget today, a record-breaking achievement. The budget is expected to introduce measures aimed at easing the financial strain on the middle class, who are grappling with high prices and stagnant wages, while maintaining fiscal discipline. The Finance Minister Nirmala Sitharaman’s speech is scheduled to commence at 11 am in Parliament.
Economic Outlook for 2025-26
According to the Economic Survey tabled on Friday, India’s economy is projected to grow between 6.3% and 6.8% in the financial year 2025-26. The report emphasizes the need for structural reforms and deregulation to enhance medium-term growth potential. However, investment activity is expected to gain momentum, offering hope for sustained economic expansion.
President Droupadi Murmu’s Address to Parliament
Ahead of the budget, President Droupadi Murmu addressed a joint sitting of Parliament, highlighting the government’s strong resolve to overcome policy paralysis and steer economic recovery despite global challenges, including the COVID-19 aftermath and geopolitical uncertainties.
Budget 2025-26 Gets Presidential Approval
Before presenting the Union Budget, Finance Minister Nirmala Sitharaman, accompanied by Minister of State for Finance Pankaj Chaudhary and senior officials, met President Murmu at Rashtrapati Bhavan. The President extended her best wishes to the Finance Minister and her team, officially approving the Budget 2025-26.
With expectations running high, all eyes are on the announcements that will shape India’s economic future.
