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Budget 2025: Path to Economic Power : Union Budget 2025: A Leap Towards India's Global Economic Dominance, Says Rajasthan CM

Union Budget 2025: A Leap Towards India's Global Economic Dominance, Says Rajasthan CM
Rajasthan CM Bhajan Lal Sharma stated that the Union Budget 2025-26 will facilitate India's transformation into a global economic powerhouse.

Synopsis

Rajasthan CM Bhajan Lal Sharma emphasized that the Union Budget 2025-26 is pivotal for transforming India into a global economic powerhouse. The budget aims for self-reliance, middle-class support, and substantial provisions for farmers and MSMEs.

Key Takeaways

  • Union Budget 2025-26 aims for global economic status.
  • Focus on self-reliance and middle-class support.
  • Significant provisions for farmers and MSMEs.
  • Budget promotes inclusive growth and development.
  • Key proposals approved for Rajasthan's progress.

Jaipur, Feb 1 (NationPress) The Chief Minister of Rajasthan, Bhajan Lal Sharma, stated on Saturday that the Union Budget 2025-26 is set to facilitate India’s evolution into a global economic powerhouse.

He further noted that this budget will bolster India's determination to transform into a developed and self-sufficient nation while catering to the aspirations of the middle class.

“The budget charts a course for India’s metamorphosis into a global economic powerhouse by transitioning from the ‘Make in India’ initiative to a more expansive vision of ‘Make for the World’,” remarked the Chief Minister.

He underscored that under Prime Minister Narendra Modi’s guidance, this budget offers a balanced developmental framework with a notable focus on inclusive growth.

Significant relief has been provided to the middle class, financial aid has been allocated for farmers, and the MSME sector has received further empowerment.

“This budget, which prioritizes people, will cultivate a brighter future for India and reinforce the vision of a prosperous and robust Rajasthan,” he articulated.

Extending his gratitude to the Prime Minister, the Chief Minister highlighted that the state's major proposals—expanding the Jal Jeevan Mission, securing special support for power sector reforms, and acquiring interest-free loans for capital investments—have been sanctioned in the budget.

He stressed that the budget highlights the principles of Sabka Saath, Sabka Vikas, Sabka Prayas, and Sabka Vishwas, aligning India on a trajectory to becoming a global economic superpower.

Congratulating Union Finance Minister Nirmala Sitharaman for introducing a remarkable budget, Sharma emphasized its emphasis on the welfare of the impoverished, youth, women, and farmers.

He observed that the budget resonates with the ideals of Antyodaya, ensuring representation for all societal segments.

Additionally, it emphasizes critical sectors such as agriculture, employment, MSMEs, energy, infrastructure, artificial intelligence, digital technology, and skill development—forming a solid foundation for India's ongoing advancement.

The Chief Minister pointed out several key provisions for farmers, including an increase in the Kisan Credit Card limit from Rs 3 lakh to Rs 5 lakh, sanctioning 100 percent FDI in the insurance sector, launching the PM Dhan Dhanya Agriculture Scheme, implementing a new Income Tax Act, connecting small cities to 88 airports, increasing seats in IITs, and promoting medical tourism.

Moreover, initiatives supporting start-ups, MSMEs, and entrepreneurship are set to create new job opportunities for the youth, driving economic growth and innovation across the country.

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