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Rising Kashmir > Blog > Developing Story > Union Budget 2025 : Key Highlights
Developing Story

Union Budget 2025 : Key Highlights

Insha Shirazi
Last updated: February 1, 2025 3:07 pm
Insha Shirazi
Published: February 1, 2025
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Union Finance Minister Nirmala Sitharaman on Saturday in her budget speech stated, ” Jal Jeevan Mission Extended Until 2028 with Increased Funding”.

Addressing the Lok Sabha on Union Budget 2025, Sitharaman said, “No Income Tax payable up to an income of Rs 12 Lakh.”

“36 life-saving drugs and medicines added to the list of those fully exempt from basic customs duty, benefiting people suffering from cancer, chronic illnesses, and other severe diseases.” she said in her speech .

“Customised credit cards with Rs 5 lakh limit for registered micro enterprises.” added she .

“Broadband connectivity to be provided to all government secondary schools and primary healthcare centres.” Sitharaman said .

“Ten Thousand additional seats to be added in Medical colleges next year and 75,000 seats to be added in next five years.” she said.

Finance Minister Nirmala Sitharaman announced a Nuclear Energy Mission during the presentation of the Union Budget 2025.

She also announced announced the establishment of the National Institute of Food Technology, Entrepreneurship and Management in Bihar.

Finance Minister Nirmala Sitharaman has made a significant announcement for gig workers. As part of the government’s efforts to support this growing workforce, gig workers will soon receive ID cards.

The Union Finance Ministry has proposed a significant allocation of Rs 41,000.07 crore to Jammu & Kashmir Union Territory in the Union Budget for 2025-26 .

The Union Government has proposed a significant allocation of Rs 4692.15 crore for the Union Territory of Ladakh in the Union Budget 2025.

The Indian government has made a significant allocation of Rs 9,325 crore for the Jammu & Kashmir Police in the Union Budget for 2025-26.

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TAGGED:Nirmala SitharamanUnion budget 2025

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ByInsha Shirazi
Insha Shirazi is working as Online Editor at Rising Kashmir, where she oversees website management, news updates, and editing. A 2024 Fellow at Reach Media, she focuses on non-communicable diseases, particularly cancer. Her writing also explores health and science issues in Kashmir.
Previous Article Govt to bring framework to unlock potential marine sector with focus on Andaman and Lakshadweep: FM Sitharaman
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