India’s Union Budget 2025: A Critical Analysis of Key Highlights, Sectoral Implications, and Strategic Policy Recommendations

Authors

  • Aryan Mittal Student, MBA, Maharishi University of Information Technology, Sec 110, Noida, Uttar Pradesh 201304
  • Deendayal Kushwaha Student, MBA, Maharishi University of Information Technology, Sec 110, Noida, Uttar Pradesh 201304
  • Pooja Student, MBA, Maharishi University of Information Technology, Sec 110, Noida, Uttar Pradesh 201304
  • Ashish Gupta Assistant Professor, School of Business Management, Maharishi University of Information Technology, Sec 110, Noida, Uttar Pradesh 201304
  • Smita Mishra Dean, School of Business Management, Deputy Dean Academics, Noida Campus,Maharishi University of Information Technology, Sec 110, Noida, Uttar Pradesh 201304
  • Jiya Wadhwa Assistant Professor, School of Business Management,Maharishi University of Information Technology, Sec 110, Noida, Uttar Pradesh 201304

DOI:

https://doi.org/10.69968/ijisem.2025v4i1241-255

Keywords:

Union Budget 2025, Fiscal Policy, Tax Reforms, Economic Growth, Public Expenditure

Abstract

The Union Budget 2025-26, delivered by the Finance Minister on February 1, 2025, outlines the economic strategy for the forthcoming fiscal year, emphasizing economic resilience, infrastructure expansion, digital transformation, and inclusive growth. This research study thoroughly analyzes the principal features, sectoral effects, and policy suggestions of the budget. This study employs a mixed-methods research strategy, integrating both quantitative and qualitative analyses, underpinned by a comprehensive literature review covering the years 2015 to 2025. Critical budgetary allocations, tax reforms, and fiscal policies are examined comprehensively, along with their ramifications on essential economic sectors, including agriculture, industry, services, and the digital economy. The data indicate that although the budget emphasizes infrastructure development and job creation, challenges including fiscal imbalances and global economic concerns remain. The report concludes with strategic policy proposals designed to promote long-term economic sustainability and social welfare.

References

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Published

11-03-2025

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Articles

How to Cite

[1]
Mittal, A. et al. 2025. India’s Union Budget 2025: A Critical Analysis of Key Highlights, Sectoral Implications, and Strategic Policy Recommendations. International Journal of Innovations in Science, Engineering And Management. 4, 1 (Mar. 2025), 241–255. DOI:https://doi.org/10.69968/ijisem.2025v4i1241-255.