*Key Union Budget Announcements - 2025* ➡️ *Transformative reforms in 6 sectors which will set trends for next 5 years:* -Six sectors are: * Power * Mining * Urban developments (covers water sector) * Financial sector * Regulatory reforms * Taxation ➡️ *Dhan Dhanya Krishi Yojna* * Kisan Credit Card limits for farmers, fisherman etc. increased from 3 lakh to 5 lakh. * 6 year mission for pulses. * Agri plan to cover 100 districts with low productivity in phase 1. ➡️MSMEs -Focus on 5.7cr MSMEs * Increase loan guarantees to micro entrepreneurs. * Loans to startups in 27 focus sectors at 1% guarantee fees. * Term loans upto 20cr for export MSMEs * Customized credit cards for Udyam registered MSMEs * Fund of fund for startups, another 10,000 cr. to be setup ➡️ Credit guarantee cover will be enhanced from 2 cr to 5cr for MSME. Startups will have credit guarantee of 10cr to 20cr. Well run MSME: 20cr. ➡️ Micro enterprise will have 5lk limit of credit card. ➡️ Make India global hub for toys. Development of clusters and manufacturing of toys. ➡️ Footwear and Leather sector scheme- to generate employment to 22lk people and generate investment of 4 lakh cr. Exports over Rs 1.1 lakh cr ➡️ National Manufacturing Mission for MSME. Support clean tech manufacturing like wind turbines, batteries etc. ➡️ Broadband connectivity to be provided to all secondary schools. ➡️ Digital form of Indian language book – to understand subject in their language. ➡️ Additional infra in the 5 IITs started after 2014, to add 6500 more students. ➡️ 10,000 additional medical seats to be added in next 5 years. ➡️ There is going to be AI in education with outlay of 500cr. ➡️ Govt. will set up of daycare centres for cancer in all districts in the next 3years-- to pose competition for private sector hospitals, though tertiary care (at bigger hospitals) will not have much impact. ➡️ PPP for infrastructure. 1.5 lakh Cr interest free loans for 50 years ➡️ Registration and ID for gig workers will be provided to make this sector more organized also insurance for them will be provided to them. ➡️ Jal Jeevan Mission to be extended till 2028 to achieve 100% coverage with separate O&M contracts under Jan Bhagidhari ➡️ Outlay of 1.5 lakh cr for 50 year interest free loan to states that do capex/infra. ➡️ Urban challenge fund of 1lk cr to create redevelopment of cities, water sanitation. ➡️ Power sector reforms - incentivise inter-state and distribution sector reforms ➡️ Nuclear energy mission: Small modular reactors indigineous built to be used. Development of 100GW of nuclear power. ➡️ Nuclear Power: Liability clauses will be relaxed, small modular rectors R&D will be promoted. ➡️ Ship Building financial assistance policy to be revamped ➡️ Maritime development fund with INR 20,000 Cr to be setup ➡️ UDAAN regional connectivity scheme: 120 new destinations and carry 4cr additional passengers in next 10 years