The Union Budget 2025's focus on supporting lower- and middle-income households could help revive private investment in the economy, according to a report by HDFC Bank.
Tax experts, industry observers, and banking leaders have lauded the Union Budget 2025-26 for its focus on economic growth, tax relief, and innovation across sectors.
These large-scale initiatives and the country's focus on sustainable projects that support climate plans are key drivers of sukuk and bond issuances in the coming years.
The Union Budget 2025-26 has garnered a positive response from the auto industry, with industry leaders welcoming the government's "focus on long-term economic growth, manufacturing, and regulatory reforms".
Gujarat Chief Minister Bhupendra Patel described it as a 'Citizen First' budget, which fulfils the aspirations of the people of the country, especially middle-class and underprivileged families. The Chief Minister emphasized that this budget accelerates development with a focus on GYAN [Gari
UKIBC also welcomes the focus on key domains such as tax administration and policy, urban development, energy security, financial sector, and regulatory reforms.
The Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed the Union Budget 2025-26, stating that it effectively addresses immediate economic challenges while keeping a firm focus on the long-term vision of 'Viksit Bharat'.
Hemant Jain, President, PHDCCI, said, "The focus on Middle class and MSMEs will enhance consumption and production segments, boost private investments and create employment opportunities. The focus areas of the Budget include accelerating growth, securing inclusive development, invigorating
Prime Minister Narendra Modi on Saturday hailed the Union Budget 2025 as a "Force Multiplier" for India's development journey, describing it as a "budget of aspirations" for 140 crore Indians. He emphasized that this budget would fulfill the dreams of the people, with a strong focus on op
Congress MPs Karti Chidambaram and Kumari Selja criticize Union Budget 2025, pointing out the lack of clarity in the details and accusing the government of focusing on election-driven schemes while neglecting important issues like MSP and MGNREGA
The fund aims to support initiatives under the 'Cities as Growth Hubs' program, focusing on creative redevelopment of cities, water, and sanitation improvements.