India Budget: As we enter 2025, a lot is riding on Sitharaman's Feb 1 budget
Budget 2025: Entering the year 2025, India's economy will be riding on budgetary hopes. Finance Minister Nirmala Sitharaman will present the Union Budget on February 1 for the 2025-26 financial year which is being expected as a strong trigger for India's economy in 2025. Prime Minister Narendra Modi last week met eminent economists and sectoral experts to get their views and suggestions for the upcoming budget. Sitharaman has already concluded her pre-budget consultations with the key stakeholders, including economists, industry and trade unions.
ET Year-end Special Reads
The mother of all Indian IPOs: Is it coming in 2025?
10 big events India witnessed in 2024
Thriller or mystery? How India's economy can unfold in 2025
Also Read: Thriller or mystery? How India's economy can unfold in 2025
Though every Union budget is keenly watched by experts, businesses, industry, investors, workers and common people, there are higher expectations from Budget 2025 due to the current state of the economy.
Why Union Budget is so important in 2025
Budget 2025 will be the first full-fledged budget of NDA-3, during Prime Minister Modi's third term, and will set the economic direction for the next three to four years. India's economy in at least the first half of the calendar year 2025 will be greatly influenced by the budget.
Budget 2025 has become an even more important event after India's economic growth slowed to 5.4% in the July-September quarter, a seven-quarter low, raising concerns and calls for action. This drop surprised
