Union Budget 2025-26: Key Highlights and Political Reactions
POLIQ NEWS
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in Parliament with a focus on infrastructure development, tax reforms, and social welfare schemes. The budget allocates ₹12 lakh crore for capital expenditure and introduces new tax brackets for the middle class. Opposition parties have criticized the budget for insufficient allocation to healthcare and education. The budget also announces a new national employment scheme targeting 50 lakh jobs in manufacturing and technology sectors over the next two years.
Key Takeaways
- ₹12 lakh crore allocated for capital expenditure
- New tax brackets introduced for middle-class relief
- National employment scheme targets 50 lakh jobs
- Opposition criticizes healthcare and education funding
Why It Matters
The Union Budget directly impacts every Indian citizen through taxation, welfare schemes, and economic policy. This year's budget signals the government's priorities ahead of the 2027 elections.
People & Topics Mentioned
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