Synopsis
Jitendra Singh, Union Minister of State, stated that the Union Budget 2025-26 demonstrates the government's sensitivity and represents significant progress toward achieving Viksit Bharat by 2047, with a focus on middle-class relief and ambitious energy goals.Key Takeaways
- Government Sensitivity: Reflects concern for the middle-class with tax relief measures.
- Futuristic Vision: Initiatives like Nuclear Mission and Green Tech Mission highlight long-term planning.
- Private Sector Involvement: Amendment to Atomic Energy Act allows private players in the nuclear sector.
- Global Leadership: India aims to lead in nuclear energy production, setting a target of 100-Gigawatt by 2047.
- Economic Growth: The budget is designed to enhance India's vibrant economy and energy capacity.
New Delhi, Feb 1 (NationPress) The Union Budget 2025-26 showcases the government's sensitivity while making significant progress toward achieving Viksit Bharat by 2047, according to Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology, on Saturday.
The budget was presented in Parliament by Finance Minister Nirmala Sitharaman, marking her eighth consecutive budget and the NDA government’s second comprehensive Union Budget in its third term.
Jitendra Singh praised the budget for enhancing the lives of middle-class citizens through a focus on tax relief and business facilitation, describing it as “citizen-centric”.
He remarked, “The Union Budget reflects the sensitivity of the government at the Centre and also the futuristic vision of Prime Minister Narendra Modi.”
Singh highlighted how the government’s sensitivity is evident in the relief measures for middle-class taxpayers and initiatives like duty exemptions on certain lifesaving medications.
Additionally, strategic provisions such as the Nuclear Mission, Small Modular Reactors, Green Tech Mission, and Centre of Excellence for AI demonstrate the government's long-term vision, he noted.
Significantly, the budget's inclusion of private sector participants in the nuclear domain is expected to have a “revolutionary and far-reaching” impact, akin to the transformation seen in the Space sector, which was previously opened to private enterprises.
The budget also introduced an amendment to the Atomic Energy Act to facilitate the involvement of private sector players.
Calling this an “innovative” move, Singh stated, “It is a definitive stride toward realizing Viksit Bharat @2047 and will elevate India’s standing globally.”
The budget sets an ambitious goal of generating 100-Gigawatt nuclear energy by 2047.
“This sends a powerful message worldwide that India is no longer a follower; we are leading and paving the way for others,”
Jitendra Singh emphasized.
Moreover, the Nuclear Energy Mission outlined in the budget will not only enhance India’s robust economy but also position the country ahead of numerous others in this sector.
