India's Finance Minister Unveils Comprehensive Budget Focused on Growth and Reforms

On February 1, 2025, India's Finance Minister Nirmala Sitharaman delivered the government's first full-year budget in their third term, emphasizing initiatives aimed at youth, women, and agriculture. She stated that the budget's primary goal is to uplift household sentiment and enhance the spending power of the rising middle class while boosting private investment to unlock greater prosperity.

During her speech, Sitharaman outlined plans for transformative reforms across six key sectors, which include taxation, power, urban development, mining, the financial sector, and regulatory reforms. These reforms are intended to enhance India's growth potential and increase its global competitiveness.

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