Viksit Bharat: The goal to become a developed nation

Nirmala Sitharaman made history yet again by addressing the Union Budget in the Parliament for the 8th consecutive time. This Union Budget is historical in many other ways too.

With a vision, to transform India from a developing to developed nation by 2047 i.e. the centenary of India’s independence, honorable Finance minister began her speech with:

“This Budget continues our Government’s efforts to:

a) accelerate growth,

b) secure inclusive development,

c) invigorate private sector investments,

d) uplift household sentiments, and

e) enhance spending power of India’s rising middle class.

Together, we embark on a journey to unlock our nation’s tremendous potential for greater prosperity and global positioning under the leadership of Hon’ble Prime Minister Shri Narendra Modi."

The Union Budget 2025 came in line with the national goal- 'Viksit Bharat@2047: Voice of Youth", that was launched by PM Narendra Modi in December 2024.

The theme “Viksit Bharat” encompasses various dimensions, focusing on inclusive growth, sustainable development, and technological advancement.

Key aspects of the Viksit Bharat theme include:

Economic Growth: Aiming for high and sustainable economic growth to generate employment opportunities and improve living standards.

Social Development: Focusing on education, healthcare, skill development, and women empowerment to ensure inclusive development.

Infrastructure Development: Investing in modern infrastructure, including transportation, communication, and energy, to support economic activities and improve quality of life.

Technological Advancement: Promoting innovation, research and development, and digitalization to enhance productivity and competitiveness.

Sustainable Development: Emphasizing environmental protection and climate change mitigation to ensure a sustainable future.

It's not just about economic growth, but a holistic development across various aspects of the nation

The Union Budget 2025-26 has allocated resources and introduced policies to support these objectives, including investments in key sectors, incentives for innovation, and measures to improve governance and ease of doing business