Union Finance Minister Nirmala Sitharaman Presents Budget 2025 in Lok Sabha
Published - 01 Feb 2025
by Tractor Junction
Union Finance Minister Nirmala Sitharaman is currently presenting the Union Budget 2025 in the Lok Sabha. This marks her eighth consecutive Budget presentation. Earlier today, Sitharaman met President Droupadi Murmu to seek approval for the Budget before bringing it to Parliament. The Union Cabinet also held a meeting ahead of the Budget speech, which began at 11 AM in the Lok Sabha.
Key Highlights and Expectations from Budget 2025
The Budget 2025 is highly anticipated across industries. Businesses are expecting major announcements on capital expenditure (capex) growth. The salaried class is hopeful for income tax relief.
The first part of the Budget Session took place on January 31, 2025. On that day, FM Sitharaman released the Economic Survey 2025 in Parliament. Many expect the government to increase infrastructure spending. Other key focus areas include ease of doing business and investments in artificial intelligence (AI) models.
Budget 2025 Speech Underway
Finance Minister Nirmala Sitharaman is currently delivering her Budget 2025 speech in the Lok Sabha. This is her eighth consecutive Budget presentation. It is also the second full-fledged Budget of the Narendra Modi-led NDA government (Modi 3.0), which was formed in 2024. The first part of the Budget Session began on January 31, 2025, when FM Sitharaman tabled the Economic Survey 2025 in Parliament.
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