Key Features and Policy Priorities of the Union Budget 2025 to 26: An Analytical Review

The Union Budget 2025-26 serves as a vital policy framework that articulates the Government of India's fiscal agenda for the Current year, striving to maintain a balance between economic development goals and fiscal responsibility.This budget not only estimates the nation's revenue and expenditure but also shapes macroeconomic policies, influences investment trends, and addresses socio-economic disparities.Aimed at fostering sustainable and inclusive growth, the budget introduces significant reforms, including substantial personal income tax relief, increased capital investment, and targeted social welfare initiatives.Key highlights include raising the tax exemption threshold to Rs. 14.8 lakh, launching a high-yield crop initiative for 17 million farmers, and expanding subsidised rural credit.Additionally, investments in infrastructure, healthcare, education, digital innovation, and the ambitious Nuclear Energy Mission underscore the government's commitment to long-term economic transformation.This paper critically analyzes the policy direction, fiscal reforms, and sector-wise allocations in the 2025-26 budget, offering insights into its effectiveness in addressing economic challenges, enhancing fiscal sustainability, and shaping India's growth trajectory.