All Eyes on Parliament’s Budget Session 2025: Key Highlights and Key Policies
The Budget Session of Parliament 2025 is scheduled to commence on January 31, with the session running until April 4. During this period, the government will unveil its legislative agenda, with the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman on February 1. The session is expected to be crucial for India’s economic recovery and future growth. Let’s break down what to expect during this important session.
President Droupadi Murmu’s Address: Setting the Stage
The session will kick off with President Droupadi Murmu’s address to both Houses of Parliament on January 31. This address will outline the government’s key achievements and the legislative roadmap for the upcoming year. The President’s speech typically covers the broader vision of the government, touching on economic reforms, social welfare, and national security.
In addition to the address, the Economic Survey 2025 will be tabled, offering insights into India’s economic performance and growth projections. The Survey plays a vital role in guiding policy decisions, providing a basis for the Union Budget that follows.
The Union Budget 2025-26: A Defining Moment for India
Finance Minister Nirmala Sitharaman will present the Union Budget 2025-26 on February 1. This marks her eighth consecutive budget presentation, and the stakes are high as the government aims to set the direction for the country’s economic policies.
The Union Budget is expected to focus on:
- Infrastructure Growth: With India aiming to modernize its infrastructure, the budget is likely to announce major investments in roads, railways, and digital infrastructure.
- Tax Reforms: The government may introduce tax relief measures to stimulate consumer spending and economic growth.
- Job Creation and Skill Development: Employment generation will be a key focus, with proposals to enhance skill development programs and boost job opportunities across various sectors.
- Sustainability Initiatives: Increased emphasis on sustainable development, with funding for green energy projects and environmental conservation programs.
PM Modi’s Vision: Responding to the Motion of Thanks
In the first phase of the session, Prime Minister Narendra Modi will respond to the Motion of Thanks on the President’s address. During his speech, PM Modi will provide further details on the government’s economic agenda and policies, focusing on key issues such as infrastructure development, national security, and social welfare. This speech will set the tone for the government’s priorities for the year.