Budget 2025: Agriculture, Defence, Railway, Health and Other Sectors Summary in FM Speech

Budget 2025: Union Minister Nirmala Sitharaman unveiled the Budget 2025 on Saturday, outlining the plans for the Modi 3.0 administration. The budget has some key changes involved in different sectors, including Agriculture, Defence, and Railways.

The budget gave the fifth-largest economy in the world a boost in policy, even as it is predicted to grow at its weakest rate in four years due to sluggish urban demand and inflation fears fueled by a weak currency.

Union Budget 2025: Sector-wise Key Announcements

Nirmala Sitharaman announced some key announcements for different sectors. Check the key highlights of the announcement below:

Railways Sector

No specific announcements for the railways were mentioned in the budget. According to budget records, the allocation for FY26 has been kept unchanged remaining at Rs 2.55 lakh crore.

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Agriculture Sector

• The PM Dhan Dhyan Krishi Yojana was announced, encompassing 100 districts with below-average credit parameters, low yields, and modern crop intensity.
• The Rural Prosperity and Resilience Program will be carried out in cooperation with state governments. With an emphasis on investment, technological adoption, and skill development, this program aims to address underemployment in agriculture and boost the rural economy.
• Six-year mission with a focus on Masoor, Tur, and Urad.
• A comprehensive program will be initiated in collaboration with states to support production, efficient supply, processing, and fair prices for farmers. There will be the establishment of suitable institutional frameworks for the implementation and involvement of cooperatives and farmer-producer associations.

➡️ National Institute of Food Technology, Entrepreneurship and Management to be set up in #Bihar

➡️ To provide a strong fillip to food processing activities in the entire Eastern region#ViksitBharatBudget2025 #Budget2025 #UnionBudget2025 pic.twitter.com/JwqkTlcHip

— PIB India (@PIB_India) February 1, 2025

• The establishment of a national mission on high-yielding seeds is planned.
• The government will introduce a framework that would facilitate the sustainable exploitation of fisheries in the Indian High Seas and Exclusive Economic Zone, with a particular emphasis on the Andaman and Nicobar Islands and Lakshadweep.
• The five-year "Mission for Cotton Productivity" aims to support extra-long staple cotton cultivars and enable notable gains in cotton farming's sustainability and productivity.
• The Modified Interest Subvention Scheme will increase the borrowing cap for loans obtained via the KCC from Rs 3 lakh to Rs 5 lakh.

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Defense Sector

Finance Minister Nirmala Sitharaman set aside Rs 6,81,210 lakh crore for defense spending in FY25 in her eighth consecutive budget address. This amount is somewhat more than the Rs 6.21 lakh crore that was declared in the first full budget of Modi 3.0 in July.

Healthcare Sector

• The government will help all district hospitals establish childcare cancer centers within the next three years.
• Hospitals and medical schools will add 10,000 seats next year, with an additional 75,000 seats to be added over the following five years.
• The list of medications completely exempt from basic customs duty will be expanded to include 36 life-saving medications.
• Thirteen new patient assistance programs and 37 additional medications will be completely exempt from basic customs duty where they are provided to patients at no cost. 

Investing in People: Public Education and Health

🔹 50,000 #AtalTinkeringLabs to be set up in Government schools in next 5⃣ years

🔹 Bharatiya Bhasha Pustak Scheme to be implemented to provide digital-form Indian language books for school and higher education

🔹 Day Care… pic.twitter.com/q1GnEn2zWh

— PIB India (@PIB_India) February 1, 2025