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Growth-Focused Union Budget Lays Strong Foundation with Large Fund Allocation

USI Times
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Growth-Focused Union Budget Lays Strong Foundation with Large Fund Allocation. Dr. Vinay Kumar Verma New Delhi: Dr. Vinay Kumar Verma, Said That, The Union Government has presented a growth-oriented and future-ready Budget, aimed at strengthening India’s economy through higher capital investment, fiscal discipline, and inclusive development. The Budget places special emphasis on infrastructure, industry, employment generation, and social empowerment, aligning with the vision of a Developed India.

A key highlight of the Budget is the allocation of ₹12.2 trillion (₹12.2 lakh crore) towards Capital Expenditure, marking one of the highest investments in infrastructure. This allocation will accelerate projects in roads, railways, waterways, urban development, energy, and logistics, while creating large-scale employment opportunities.

To support federal cooperation and regional development, the Centre has allocated ₹1.4 trillion (₹1.4 lakh crore) as grants to States. At the same time, the government has reaffirmed its commitment to fiscal prudence by targeting a fiscal deficit of 4.3% of GDP, signalling macro-economic stability and investor confidence.

Several dedicated funds and sector-specific initiatives have been announced to boost industrial growth. The Biopharma SHAKTI initiative has received an allocation of ₹10,000 crore, aimed at positioning India as a global hub for biopharmaceutical manufacturing. Support for MSMEs through growth funds and credit facilitation measures is expected to strengthen entrepreneurship and job creation.

The Budget also introduces risk-mitigation mechanisms for infrastructure projects to attract private investment, alongside continued expansion of high-speed rail corridors, national waterways, and logistics networks.

Investments in education, skill development, women’s hostels, and emerging technologies highlight the government’s focus on human capital development. Agriculture, sports, tourism, and green energy sectors have also received targeted support to ensure balanced and sustainable growth.

Overall, the Budget presents a balanced roadmap combining strong public investment, fiscal discipline, and long-term structural reforms, reinforcing India’s economic resilience and growth trajectory.

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