#ViksitBharatBudget2025 Unveiled: CM Dr. Pramod Sawant Hails “Transformative” Fiscal Blueprint for India’s Future
Panaji, Goa | July 22, 2024
Goa Chief Minister Dr. Pramod Sawant on Monday lauded the Union Budget 2025-26 as a “visionary roadmap” for India’s development, praising its focus on empowering citizens and driving inclusive growth. The budget, presented by Union Finance Minister Nirmala Sitharaman earlier in the day, outlines a comprehensive strategy under the #ViksitBharat2047 vision, anchored in four pillars: Nari Shakti (Women Empowerment), Yuva Shakti (Youth Power), Annadata (Farmers’ Welfare), and Gareeb Kalyan (Welfare of the Poor).
“I wholeheartedly welcome the #ViksitBharatBudget2025 presented by Smt. Nirmala Sitharaman Ji under the visionary leadership of Hon’ble PM Shri Narendra Modi Ji,” said Dr. Sawant. “This budget is a testament to our government’s commitment to building a stronger, more prosperous India by addressing core developmental challenges.”
Key Focus Areas: Building a Resilient Economy
The budget introduces 10 Broad Development Measures aimed at accelerating growth across critical sectors:
- Agricultural Growth & Rural Prosperity: Enhanced MSP coverage, crop diversification incentives, and expanded rural infrastructure funding.
- Inclusive Growth & MSME Support: Easier credit access, production-linked incentives for small industries, and skill development programs.
- Employment-Led Growth: Apprenticeship schemes and sector-specific workforce training to harness India’s demographic dividend.
- Energy Security & Export Promotion: Investments in renewable energy hubs and export corridors to boost manufacturing.
- Innovation & Economic Strengthening: Tax rebates for R&D, startup grants, and public-private partnerships in tech development.
Middle-Class Relief & Structural Reforms
A standout announcement was the income tax exemption for individuals earning up to ₹12 lakh annually, a move Dr. Sawant hailed as “game-changing” for middle-class savings and disposable income. “This relief will empower families to invest in education, health, and entrepreneurship, creating a ripple effect across the economy,” he stated.
The budget also unveiled reforms across sectors:
- Taxation: Simplified GST procedures and reduced compliance burdens.
- Urban Development: Smart City 2.0 initiatives focusing on sustainable housing and digital infrastructure.
- Power & Mining: Incentives for green energy adoption and streamlined mineral exploration policies.
- Tourism & Fisheries: Mega projects to promote coastal tourism and modernize aquaculture under the Sagar Mitra scheme.
Path to #ViksitBharat2047
Dr. Sawant emphasized the budget’s alignment with Kartavya Kaal—an era of collective duty—to achieve the #ViksitBharat2047 goal. “By prioritizing infrastructure, human capital, and innovation, this budget ensures India remains resilient amid global uncertainties,” he noted.
With heightened allocations for women-led entrepreneurship, youth skilling, and farm-to-market linkages, the fiscal plan aims to bridge urban-rural divides while fostering private sector participation. Analysts predict the measures could spur job creation in sectors like shipbuilding, textiles, and renewable energy.
As debates over the budget’s execution begin, Dr. Sawant expressed confidence: “This is not just a budget—it’s a blueprint for an Aatmanirbhar, inclusive, and Viksit Bharat.”
