Budget 2025: Thrust On Overall Infrastructure Development in India
By Shiwani Pradhan, Correspondent, Finance Outlook India
Alekh Yadav, Head of Investment Product at Sanctum Wealth
“The current budget has shifted its emphasis on infrastructure and manufacturing in previous budgets to a more consumption-driven approach. While this shift was somewhat expected, the larger-than-anticipated reduction in personal income tax could help support the recovery of consumption demand. The trade-off is lower than expected capital expenditure allocation. The budget also prioritizes the rural economy by supporting agriculture and strengthens MSMEs through reclassification and expanded credit access. Additionally, the government has signalled upcoming regulatory reforms aimed at improving the ease of doing business..”