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Budget Session 2025-26 Commences
The Daily Guardian
|February 01, 2025
As Finance Minister Nirmala Sitharaman prepares to present the Union Budget for the fiscal year 2025-26 on Saturday, February 1, 2025, at 11:00 am, the nation anticipates significant policy announcements aimed at bolstering economic growth and providing relief to various sectors.
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ECONOMIC SURVEY HIGHLIGHTS
The Economic Survey 2024-25, tabled in Parliament today, offers a comprehensive overview of the country's economic performance. Key insights include:
● Gross Domestic Product (GDP) Growth: The survey projects GDP growth between 6.3% and 6.8% for FY26, reflecting cautious optimism amid global economic uncertainties.
● Inflation Trends: Retail headline inflation softened from 5.4% in FY24 to 4.9% in April-December 2024, attributed to effective government initiatives and monetary policy measures.
● Foreign Direct Investment (FDI): Gross FDI inflows revived, increasing from $47.2 billion in the first eight months of FY24 to $55.6 billion in the same period of FY25, marking a year-on-year growth of 17.9%.
ANTICIPATED BUDGETARY MEASURES
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