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Finance Minister Nirmala Sitharaman on Saturday ( Feb 1) announced in the Union Budget 2025 the launch of a modified UDAN Scheme aimed at improving regional air connectivity. The new aviation scheme will add 120 new destinations and is set to carry 40 million passengers over the next 10 years.
Also Read| <a href="https://www.wionews.com/india-news/budget-2025-fm-sitharaman-announces-pm-dhan-dhanya-krishi-yojana-for-farmers-increases-loan-limit-for-kisan-credit-cards-8680278">Budget 2025: FM Sitharaman announces PM &lsquo;Dhan Dhanya Krishi Yojana&rsquo; for farmers, increases loan limit for kisan credit cards</a>
<h2>The success of the UDAN Scheme &nbsp;</h2>
The current UDAN scheme has connected 88 airports and ports and operated 698 routes, benefiting 15 million middle-class passengers by making air travel faster and more affordable.
Also Read| <a href="https://www.wionews.com/india-news/union-budget-2025-fm-sitharaman-vows-to-implement-reforms-across-six-vital-domains-8680302">Union Budget 2025: FM Sitharaman vows to implement reforms across six vital domains</a>
Sitharaman said, &ldquo;The UDAN scheme has enabled 1.5 crore middle-class people to meet their aspirations for speedier travel. The scheme has connected 88 ports, airports and operationalised 698 routes.&rdquo; &nbsp;
<blockquote class="twitter-tweet">
<a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc%5Etfw">#WATCH</a> | FM says, "....Inspired by the success, a modified UDAN scheme will be launched to enhance regional connectivity to 120 new destinations and carry 4 crore additional passengers in the next 10 years. The scheme will also support helipads and smaller airports in hilly,&hellip; <a href="https://t.co/S4UTo7FnCs">pic.twitter.com/S4UTo7FnCs</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/1885577009675592183?ref_src=twsrc%5Etfw">February 1, 2025</a></blockquote>

<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

She further said, "UDAN has inspired by that success, a modified Udaan scheme will be launched to enhance regional connectivity to 120 new destinations and carry four crore passengers in the next 10 years. The scheme will also support helipads and smaller airports in hilly aspirational and northeastern regional districts."
Also Read|<a href="https://www.wionews.com/india-news/india-union-budget-2025-finance-minister-announces-new-classification-criteria-for-msmes-8680260"> </a><a href="https://www.wionews.com/india-news/india-union-budget-2025-finance-minister-announces-new-classification-criteria-for-msmes-8680260">India Union Budget 2025: Finance Minister announces new classification criteria for MSMEs</a>
The modified scheme will focus on improving air travel in hilly, aspirational, and Northeast regions by developing helipads and smaller airports. Additionally, the government will build greenfield airports in Bihar and expand the capacity of Patna Airport and Brownfield Airport in Bihta.
(With inputs from agencies)

Trending | India News | The current UDAN scheme has connected 88 airports and ports and operated 698 routes, benefiting 1.5 crore middle-class passengers by making air travel faster and more affordable.

Finance Minister Nirmala Sitharaman on Saturday ( Feb 1) announced in the Union Budget 2025 the launch of a modified UDAN Scheme aimed at improving regional air connectivity. The new aviation scheme will add 120 new destinations and is set to carry 40 million passengers over the next 10 years. Also Read| Budget 2025: FM Sitharaman announces PM ‘Dhan Dhanya Krishi Yojana’ for farmers, increases loan limit for kisan credit cards The success of the UDAN Scheme The current UDAN scheme has connected 88 airports and ports and operated 698 routes, benefiting 15 million middle-class passengers by making air travel faster and more affordable. Also Read| Union Budget 2025: FM Sitharaman vows to implement reforms across six vital domains Sitharaman said, “The UDAN scheme has enabled 1.5 crore middle-class people to meet their aspirations for speedier travel. The scheme has connected 88 ports, airports and operationalised 698 routes.” #WATCH | FM says, "....Inspired by the success, a modified UDAN scheme will be launched to enhance regional connectivity to 120 new destinations and carry 4 crore additional passengers in the next 10 years. The scheme will also support helipads and smaller airports in hilly,… pic.twitter.com/S4UTo7FnCs — ANI (@ANI) February 1, 2025 She further said, "UDAN has inspired by that success, a modified Udaan scheme will be launched to enhance regional connectivity to 120 new destinations and carry four crore passengers in the next 10 years. The scheme will also support helipads and smaller airports in hilly aspirational and northeastern regional districts." Also Read| India Union Budget 2025: Finance Minister announces new classification criteria for MSMEs The modified scheme will focus on improving air travel in hilly, aspirational, and Northeast regions by developing helipads and smaller airports. Additionally, the government will build greenfield airports in Bihar and expand the capacity of Patna Airport and Brownfield Airport in Bihta. (With inputs from agencies)

Budget 2025: 120 new aviation destinations - modified 'UDAN Scheme' to boost regional air connectivity

Indian Finance Minister Nirmala Sitharaman on Saturday (Feb 1) announced a major relief for the middle class&nbsp; with a special tax exemption for salaried individuals. The new tax structure is designed to reduce taxes for middle-income earners, leaving more disposable income for household consumption, savings, and investment, which can help boost economic growth.
Also read | <a href="https://www.wionews.com/india-news/india-union-budget-2025-36-life-saving-medicines-to-become-cheaper-says-nirmala-sitharaman-8680497">Union Budget 2025: 36 life-saving medicines to become cheaper, says Nirmala Sitharaman</a>
<h2>'Nil Tax' slab</h2>
As per the announcement, under the new tax regime, the government has introduced significant changes to benefit taxpayers, especially the middle class. One of the key highlights is the introduction of a "nil tax" slab for income up to ₹12 lakh (or 1.2 million), meaning individuals with income up to this threshold will pay no income tax.
For salaried taxpayers, this limit increases to ₹12.75 lakh, with a standard deduction of ₹75,000.
The revised slabs and rates aim to substantially reduce the tax burden on the middle class, leaving more money in their hands for increased household consumption, savings, and investment.
Also read | <a href="https://www.wionews.com/india-news/india-union-budget-2025-govt-to-support-domestic-electronic-equipment-industry-fm-sitharaman-8680523">India Union Budget 2025: &lsquo;Govt to support domestic electronic equipment industry&rsquo;, FM Sitharaman</a>
<h2>Tax exemptions over the years</h2>
A look at tax exemption over the years shows that exemption limits have gradually increased. In 2005, the exemption limit was ₹1 lakh, and is now ₹12 lakhs. Here are the tax exemptions:
<ul>
<li>2005: ₹1 lakh</li>
<li>2012: ₹2 lakhs</li>
<li>2014: ₹2.5 lakhs</li>
<li>2019: ₹5 lakhs</li>
<li>2023: ₹7 lakhs</li>
<li>2025: ₹12 lakhs</li>
</ul>
Also read | <a href="https://www.wionews.com/india-news/budget-2025-fm-sitharaman-announces-modified-udaan-scheme-to-boost-regional-connectivity-8680432">Budget 2025: 120 new aviation destinations - modified 'UDAN Scheme' to boost regional air connectivity</a>
<h2>New tax regime &mdash; 2024-25 vs 2025-26</h2>
Under the new tax regime for FY 2024-25, no income tax was payable up to the total income of Rs 7 lakh.
<ul>
<li>Up to Rs 3 lakh: NIL</li>
<li>Rs 3 lakh&mdash;Rs 7 lakh: 5 per cent</li>
<li>Rs 7 lakh&mdash;Rs 10 lakh: 10 per cent</li>
<li>Rs 10 lakh&mdash;Rs 12 lakh: 15 per cent</li>
<li>Rs 12 lakh&mdash;Rs 15 lakh: 20 per cent</li>
<li>Above Rs 15 lakh: 30 per cent</li>
</ul>
In contrast, the new tax regime offers a different structure. Nil tax till ₹12 lakhs and&nbsp;above that, the applicable tax is:
<ul>
<li>Rs 0-4 lakh &mdash; Nil</li>
<li>Rs 4-8 lakh &mdash; 5 per cent</li>
<li>Rs 8&ndash;12 lakh &mdash; 10 per cent</li>
<li>Rs 16&ndash;20 lakh &mdash; 20 per cent</li>
<li>Rs 20&ndash;24 lakh &mdash; 25 per cent</li>
<li>Above Rs 24 lakh &mdash; 30 per cent</li>
</ul>
To simplify, here's a chart detailing what the tax burden would be for a person earning 15 Lakh.
<img src="https://img-cdn.thepublive.com/fit-in/580x348/filters:format(webp)/wion/media/post_attachments/7c797ed1-1ac.png">
&nbsp;

India budget, trending, business, economy: New tax regime's benefits, including a nil tax slab for up to ₹12 lakh income and a ₹12.75 lakh limit for salaried individuals with a ₹75,000 standard deduction.

Indian Finance Minister Nirmala Sitharaman on Saturday (Feb 1) announced a major relief for the middle class with a special tax exemption for salaried individuals. The new tax structure is designed to reduce taxes for middle-income earners, leaving more disposable income for household consumption, savings, and investment, which can help boost economic growth. Also read | Union Budget 2025: 36 life-saving medicines to become cheaper, says Nirmala Sitharaman 'Nil Tax' slab As per the announcement, under the new tax regime, the government has introduced significant changes to benefit taxpayers, especially the middle class. One of the key highlights is the introduction of a "nil tax" slab for income up to ₹12 lakh (or 1.2 million), meaning individuals with income up to this threshold will pay no income tax. For salaried taxpayers, this limit increases to ₹12.75 lakh, with a standard deduction of ₹75,000. The revised slabs and rates aim to substantially reduce the tax burden on the middle class, leaving more money in their hands for increased household consumption, savings, and investment. Also read | India Union Budget 2025: ‘Govt to support domestic electronic equipment industry’, FM Sitharaman Tax exemptions over the years A look at tax exemption over the years shows that exemption limits have gradually increased. In 2005, the exemption limit was ₹1 lakh, and is now ₹12 lakhs. Here are the tax exemptions: 2005: ₹1 lakh 2012: ₹2 lakhs 2014: ₹2.5 lakhs 2019: ₹5 lakhs 2023: ₹7 lakhs 2025: ₹12 lakhs Also read | Budget 2025: 120 new aviation destinations - modified 'UDAN Scheme' to boost regional air connectivity New tax regime — 2024-25 vs 2025-26 Under the new tax regime for FY 2024-25, no income tax was payable up to the total income of Rs 7 lakh. Up to Rs 3 lakh: NIL Rs 3 lakh—Rs 7 lakh: 5 per cent Rs 7 lakh—Rs 10 lakh: 10 per cent Rs 10 lakh—Rs 12 lakh: 15 per cent Rs 12 lakh—Rs 15 lakh: 20 per cent Above Rs 15 lakh: 30 per cent In contrast, the new tax regime offers a different structure. Nil tax till ₹12 lakhs and above that, the applicable tax is: Rs 0-4 lakh — Nil Rs 4-8 lakh — 5 per cent Rs 8–12 lakh — 10 per cent Rs 16–20 lakh — 20 per cent Rs 20–24 lakh — 25 per cent Above Rs 24 lakh — 30 per cent To simplify, here's a chart detailing what the tax burden would be for a person earning 15 Lakh.

India Budget 2025: Zero income tax till ₹12 lakh income under new tax regime, announces FM Nirmala Sitharaman

Sitharaman is presenting her record eighth consecutive Budget on Saturday (Feb 1). The Budget speech is expected to provide a comprehensive overview of the government's fiscal policies, revenue and expenditure proposals, and taxation reforms, along with other important announcements.

The Economic Survey, which was tabled in the Parliament on Friday (Jan 31), forecasted a robust growth rate for India's economy, predicting an expansion between 6.3 and 6.8 per cent in the coming financial year (2025-26).

Budget 2025: Nirmala Sitharaman presents her 8th consecutive Union Budget | WION detailed coverage

Budget 2025: Union Finance Minister Nirmala Sitharaman is scheduled to present the Economic Survey to the Loksabha at about 12 p.m. Sitharaman will propose the budget for FY 2025-26 tomorrow, February 1, 2025, at 11 a.m. Ahead of the budget, the Indian middle class and taxpayers are looking for significant income-tax reductions and reliefs. Tax slabs are projected to change under future tax regimes, as is the increase in basic deductions.

Budget 2025: Focus on digital economy & tech growth | Live analysis of India's Budget 2025

Finance Minister Nirmala Sitharaman has pledged to implement reforms across six vital sectors: taxation, urban development, mining, financial sector, power and regulatory reforms.&nbsp;
The budget also laid stress on the growing spending power of India's growing middle class.
"Union Budget 2025-26 with an effort to a. Accelerate growth b. Secure inclusive development c. Invigorate society and industry d. Uplift household sentiment and e. Enhance spending on power of India's rising middle class," she said.
Despite acknowledging the ongoing geopolitical challenges that could hinder global economic growth, the Finance Minister expressed confidence in India's robust economic foundation.&nbsp;
FM Sitharaman highlighted the government's vision of 'Sabka Vikas' (Development for All), which she said is aimed at balancing growth across all regions.
"Our economy is the fastest-growing among all major global economies. Our development track record of the past 10 years and structural reforms have drawn global attention. Confidence in India's capability and potential has only grown in this period. We see the next five years as a unique opportunity to realize 'Sabka Vikas', stimulating balanced growth of all regions," she added.
<a href="https://www.wionews.com/india-news/union-budget-2025-opposition-creates-ruckus-in-parliament-ahead-of-budget-presentation-by-fm-sitharaman-8680144">Also read: FM Sitharaman commences Budget speech amid protest by Samajwadi Party MPs as opposition stages walkout</a>
<h2>Sitharaman presents eighth consecutive Budget&nbsp;</h2>
Sitharaman is presenting her record eighth consecutive Budget on Saturday (Feb 1).&nbsp;
The Economic Survey, which was tabled in the Parliament on Friday (Jan 31), forecasted a robust growth rate for India's economy, predicting an expansion between 6.3 and 6.8 per cent in the coming financial year (2025-26).
This survey illustrates India's robust economic fundamentals backed by a stable external account, fiscal consolidation, and private consumption.
It highlighted that the government intends to bolster long-term industrial evolution by concentrating on research and development (R&amp;D), micro, small, and medium enterprises (MSMEs), and capital goods.
The measures are aimed at enhancing innovation, and global competitiveness.
"The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation and stable private consumption. On balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," it stated.
(With inputs from agencies)&nbsp;

India news: FM Sitharaman highlighted the government's vision of 'Sabka Vikas' (Development for All), which she said is aimed at balancing the growth across all regions.

Finance Minister Nirmala Sitharaman has pledged to implement reforms across six vital sectors: taxation, urban development, mining, financial sector, power and regulatory reforms. The budget also laid stress on the growing spending power of India's growing middle class. "Union Budget 2025-26 with an effort to a. Accelerate growth b. Secure inclusive development c. Invigorate society and industry d. Uplift household sentiment and e. Enhance spending on power of India's rising middle class," she said. Despite acknowledging the ongoing geopolitical challenges that could hinder global economic growth, the Finance Minister expressed confidence in India's robust economic foundation. FM Sitharaman highlighted the government's vision of 'Sabka Vikas' (Development for All), which she said is aimed at balancing growth across all regions. "Our economy is the fastest-growing among all major global economies. Our development track record of the past 10 years and structural reforms have drawn global attention. Confidence in India's capability and potential has only grown in this period. We see the next five years as a unique opportunity to realize 'Sabka Vikas', stimulating balanced growth of all regions," she added. Also read: FM Sitharaman commences Budget speech amid protest by Samajwadi Party MPs as opposition stages walkout Sitharaman presents eighth consecutive Budget Sitharaman is presenting her record eighth consecutive Budget on Saturday (Feb 1). The Economic Survey, which was tabled in the Parliament on Friday (Jan 31), forecasted a robust growth rate for India's economy, predicting an expansion between 6.3 and 6.8 per cent in the coming financial year (2025-26). This survey illustrates India's robust economic fundamentals backed by a stable external account, fiscal consolidation, and private consumption. It highlighted that the government intends to bolster long-term industrial evolution by concentrating on research and development (R&D), micro, small, and medium enterprises (MSMEs), and capital goods. The measures are aimed at enhancing innovation, and global competitiveness. "The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation and stable private consumption. On balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," it stated. (With inputs from agencies)

Union Budget 2025: FM Sitharaman vows reforms across six vital domains, from taxes to regulations

Union Finance Minister Nirmala Sitharaman announced the launch of the &lsquo;Dhan Dhanya Krishi Yojana' in her Budget speech for 2025-26. It is aimed at benefiting 17 million farmers ( 1.7 crore). The scheme will be implemented in collaboration with state governments across 100 districts with low agricultural productivity. Sitharaman emphasised that the initiative is designed to create sustainable opportunities in rural areas, aiming to reduce forced migration and promote rural employment.
Sitharaman outlined several significant agricultural measures, including: &nbsp; - A National Mission for Edible Oil and Seeds to enhance domestic production. &nbsp; - A six-year mission aimed at achieving self-reliance in pulse production. &nbsp; - Establishment of a Makhana Board in Bihar to promote better processing and value addition of this indigenous crop.
Also read | <a href="https://www.wionews.com/india-news/union-budget-2025-opposition-creates-ruckus-in-parliament-ahead-of-budget-presentation-by-fm-sitharaman-8680144">FM Sitharaman commences Budget speech amid protest by Samajwadi Party MPs as opposition stages walkout</a>
The &lsquo;Dhan Dhanya Krishi Yojana&rsquo; will draw inspiration from the Aspirational Districts Programme (ADP), initiated by Prime Minister Narendra Modi in 2018 and is currently active in 112 districts.
<h2>Kisan Credit Card limit enhancement</h2>
Another major announcement in the Budget was the increase in the Kisan Credit Card (KCC) loan limit from $3,460.36 to $5,767.2 (Rs 3 lakh to Rs 5 lakh). The KCC scheme, which has supported &nbsp;77 million (7.7 crores) farmers and fishermen, helps meet production costs, post-harvest expenses, and other agricultural needs. This increase will offer farmers greater access to credit, furthering the government&rsquo;s goal of improving financial inclusion in agriculture.
Also read | <a href="https://www.wionews.com/india-news/budget-2025-fm-nirmala-sitharaman-pays-tribute-to-madhubani-art-dons-elegant-off-white-saree-8679840">Budget 2025: FM Nirmala Sitharaman pays tribute to Madhubani art, dons elegant off-white saree</a>
The Kisan Credit Card scheme, launched by the Ministry of Agriculture and Farmers' Welfare in 1998 has provided farmers with essential credit facilities. The scheme has been pivotal in empowering farmers with the financial resources needed for agricultural growth, ensuring they are not hindered by lack of access to capital. The enhanced loan limit will further support the growth of the agriculture sector, providing farmers with better opportunities for productivity and income generation.
(With inputs from agencies)

Sitharaman emphasised that the initiative is designed to create sustainable opportunities in rural areas, aiming to reduce forced migration and promote rural employment.

Union Finance Minister Nirmala Sitharaman announced the launch of the ‘Dhan Dhanya Krishi Yojana' in her Budget speech for 2025-26. It is aimed at benefiting 17 million farmers ( 1.7 crore). The scheme will be implemented in collaboration with state governments across 100 districts with low agricultural productivity. Sitharaman emphasised that the initiative is designed to create sustainable opportunities in rural areas, aiming to reduce forced migration and promote rural employment. Sitharaman outlined several significant agricultural measures, including: - A National Mission for Edible Oil and Seeds to enhance domestic production. - A six-year mission aimed at achieving self-reliance in pulse production. - Establishment of a Makhana Board in Bihar to promote better processing and value addition of this indigenous crop. Also read | FM Sitharaman commences Budget speech amid protest by Samajwadi Party MPs as opposition stages walkout The ‘Dhan Dhanya Krishi Yojana’ will draw inspiration from the Aspirational Districts Programme (ADP), initiated by Prime Minister Narendra Modi in 2018 and is currently active in 112 districts. Kisan Credit Card limit enhancement Another major announcement in the Budget was the increase in the Kisan Credit Card (KCC) loan limit from $3,460.36 to $5,767.2 (Rs 3 lakh to Rs 5 lakh). The KCC scheme, which has supported 77 million (7.7 crores) farmers and fishermen, helps meet production costs, post-harvest expenses, and other agricultural needs. This increase will offer farmers greater access to credit, furthering the government’s goal of improving financial inclusion in agriculture. Also read | Budget 2025: FM Nirmala Sitharaman pays tribute to Madhubani art, dons elegant off-white saree The Kisan Credit Card scheme, launched by the Ministry of Agriculture and Farmers' Welfare in 1998 has provided farmers with essential credit facilities. The scheme has been pivotal in empowering farmers with the financial resources needed for agricultural growth, ensuring they are not hindered by lack of access to capital. The enhanced loan limit will further support the growth of the agriculture sector, providing farmers with better opportunities for productivity and income generation. (With inputs from agencies)

Budget 2025: FM Sitharaman announces PM ‘Dhan Dhanya Krishi Yojana’ for farmers, increases loan limit for kisan credit cards

Finance Minister Nirmala Sitharaman presented her eighth Union Budget 2025 on Saturday (Feb 1), announcing new classification criteria for Micro, Small, and Medium Enterprises (MSMEs).
She said that the Union Government will enhance credit guarantee cover for micro, small and medium enterprises to Rs 10 crore ($1,153,437) from the existing Rs 5 crore ($576,718).
Sitharaman said that customised credit cards with a limit of Rs 500,000 ($5767) will be started for small businesses registered on the Udyam Portal. These credit cards will be given to around 1 million businesses in the first year.
Also read | <a href="FM%20Sitharaman%20commences%20Budget%20speech%20amid%20protest%20by%20Samajwadi%20Party%20MPs%20as%20opposition%20stages%20walkout">FM Sitharaman commences Budget speech amid protest by Samajwadi Party MPs as opposition stages walkout</a>
<h2 dir="ltr">Investment and turnover limits of MSMEs to be enhanced</h2>
The finance minister said that the investment and turnover limits for the classification of all MSMEs will be enhanced to 2.5 and 2 times, respectively.&nbsp;
This will give them the confidence to grow and generate employment for youth.
<blockquote class="twitter-tweet">
Making it Easier for MSMEs to get Loans Credit guarantee cover for MSMEs to be significantly enhanced Customized Credit Cards for Micro Enterprises to be introduced<a href="https://twitter.com/hashtag/ViksitBharatBudget2025?src=hash&amp;ref_src=twsrc%5Etfw">#ViksitBharatBudget2025</a> <a href="https://twitter.com/hashtag/Budget2025?src=hash&amp;ref_src=twsrc%5Etfw">#Budget2025</a> <a href="https://twitter.com/hashtag/UnionBudget2025?src=hash&amp;ref_src=twsrc%5Etfw">#UnionBudget2025</a> <a href="https://t.co/mLJTmKKnPt">pic.twitter.com/mLJTmKKnPt</a>
&mdash; Ministry of Finance (@FinMinIndia) <a href="https://twitter.com/FinMinIndia/status/1885565881834770848?ref_src=twsrc%5Etfw">February 1, 2025</a></blockquote>

<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

The Economic Survey, which was tabled in the Parliament on Friday (Jan 31), forecast a robust growth rate for India's economy, predicting an expansion between 6.3 and 6.8 per cent in the coming financial year (2025-26).
This survey illustrates India's robust economic fundamentals backed by a stable external account, fiscal consolidation, and private consumption.
"The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation and stable private consumption. On the balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," it said.
(With inputs from agencies)

India, Business, Economy: Finance Minister Sitharaman introduces new MSME classification criteria to boost growth and streamline business operations.

Finance Minister Nirmala Sitharaman presented her eighth Union Budget 2025 on Saturday (Feb 1), announcing new classification criteria for Micro, Small, and Medium Enterprises (MSMEs). She said that the Union Government will enhance credit guarantee cover for micro, small and medium enterprises to Rs 10 crore ($1,153,437) from the existing Rs 5 crore ($576,718). Sitharaman said that customised credit cards with a limit of Rs 500,000 ($5767) will be started for small businesses registered on the Udyam Portal. These credit cards will be given to around 1 million businesses in the first year. Also read | FM Sitharaman commences Budget speech amid protest by Samajwadi Party MPs as opposition stages walkout Investment and turnover limits of MSMEs to be enhanced The finance minister said that the investment and turnover limits for the classification of all MSMEs will be enhanced to 2.5 and 2 times, respectively. This will give them the confidence to grow and generate employment for youth. Making it Easier for MSMEs to get Loans Credit guarantee cover for MSMEs to be significantly enhanced Customized Credit Cards for Micro Enterprises to be introduced#ViksitBharatBudget2025 #Budget2025 #UnionBudget2025 pic.twitter.com/mLJTmKKnPt — Ministry of Finance (@FinMinIndia) February 1, 2025 The Economic Survey, which was tabled in the Parliament on Friday (Jan 31), forecast a robust growth rate for India's economy, predicting an expansion between 6.3 and 6.8 per cent in the coming financial year (2025-26). This survey illustrates India's robust economic fundamentals backed by a stable external account, fiscal consolidation, and private consumption. "The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation and stable private consumption. On the balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," it said. (With inputs from agencies)

India Union Budget 2025: Finance Minister announces new classification criteria for MSMEs

Rising costs, stubborn inflation, and soaring taxes—India's middle class is feeling the pinch like never before. As Budget 2025 looms the nation's backbone demands an overhaul to ease their financial burdens. Here's a comprehensive report on their wish list. Take a look.

Budget 2025 | Focus on taxes & growth | WION detailed coverage

The government is under pressure to address slowing demand and growth. In this report, we dive into the broad expectations from the Finance Minister's announcement. The government is expected to extend its 2024 budget priorities and themes to ensure policy continuity and boost investor sentiment, going beyond the regular public rhetoric. Watch in for more details!

Budget 2025 | Sectors in focus: Agri, defence, infra, education & health

Budget 2025 expectations: Weak consumption may force govt to cut taxes | WION detailed coverage

India's Opposition parties created a ruckus in the Parliament on Saturday (Feb 1) as Union Finance Minister Nirmala Sitharaman was set to commence her eighth consecutive budget speech.
As soon as Sitharaman started with her speech, some opposition members walked out, chanting slogans like 'Anti-Hindu Modi Government'. The walkout was staged by Samajwadi Party MPs including party chief Akhilesh Yadav.
The SP members shouted slogans demanding a discussion on the Maha Kumbh stampede incident where 30 people lost their lives.
Samajwadi Party demanded in Parliament that the government release the list of people who lost their lives in the Mahakumbh stampede. They staged a symbolic walkout to mark their protest.
Speaker Om Birla intervened to calm the lawmakers.
Later, the MPs rejoined the ongoing Lok Sabha session.
<blockquote class="twitter-tweet publive-iframes-block publive-Twitter-block" contenteditable="false" width="600" height="400" id="PL_blockquote_block-m6lsffop-j6x1cw0n-osq5u2q2">
<a href="https://twitter.com/hashtag/BudgetSession?src=hash&amp;ref_src=twsrc%5Etfw">#BudgetSession</a> | Opposition parties demanded a discussion on the <a href="https://twitter.com/hashtag/MahaKumbh?src=hash&amp;ref_src=twsrc%5Etfw">#MahaKumbh</a> stampede. Walked out to mark their protest. <a href="https://t.co/1AAypBZ0D6">https://t.co/1AAypBZ0D6</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/1885566927197917530?ref_src=twsrc%5Etfw">February 1, 2025</a></blockquote>
Sitharaman is presenting her record eighth consecutive Budget on Saturday (Feb 1).&nbsp;
The Budget speech is expected to provide a comprehensive overview of the government's fiscal policies, revenue and expenditure proposals, and taxation reforms, along with other important announcements.
The Economic Survey, tabled in the Parliament on Friday (Jan 31), forecast a robust growth rate for India's economy, predicting an expansion between 6.3 and 6.8 per cent in the coming financial year (2025-26).
<blockquote class="twitter-tweet publive-iframes-block publive-Twitter-block" contenteditable="false" width="600" height="400" id="PL_blockquote_block-m6lrkfs6-j777839k-z6ep1eud">
<a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc%5Etfw">#WATCH</a> | Union Finance Minister Nirmala Sitharaman begins her budget speech amid protest by Samajwadi Party MPs including party chief Akhilesh Yadav (Source - Sansad TV) <a href="https://t.co/8YrrXSRgzR">pic.twitter.com/8YrrXSRgzR</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/1885563415202324567?ref_src=twsrc%5Etfw">February 1, 2025</a></blockquote>
This survey illustrates India's robust economic fundamentals backed by a stable external account, fiscal consolidation, and private consumption.
It highlighted that the government intends to bolster long-term industrial evolution by concentrating on research and development (R&amp;D), micro, small, and medium enterprises (MSMEs), and capital goods.
The measures are aimed at enhancing innovation, and global competitiveness.
"The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation and stable private consumption. On balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," it said.
(With inputs from agencies)&nbsp;

India news: The Budget speech is expected to provide a comprehensive overview of the government's fiscal policies, revenue and expenditure proposals, and taxation reforms, along with other important announcements.

India's Opposition parties created a ruckus in the Parliament on Saturday (Feb 1) as Union Finance Minister Nirmala Sitharaman was set to commence her eighth consecutive budget speech. As soon as Sitharaman started with her speech, some opposition members walked out, chanting slogans like 'Anti-Hindu Modi Government'. The walkout was staged by Samajwadi Party MPs including party chief Akhilesh Yadav. The SP members shouted slogans demanding a discussion on the Maha Kumbh stampede incident where 30 people lost their lives. Samajwadi Party demanded in Parliament that the government release the list of people who lost their lives in the Mahakumbh stampede. They staged a symbolic walkout to mark their protest. Speaker Om Birla intervened to calm the lawmakers. Later, the MPs rejoined the ongoing Lok Sabha session. #BudgetSession | Opposition parties demanded a discussion on the #MahaKumbh stampede. Walked out to mark their protest. https://t.co/1AAypBZ0D6 — ANI (@ANI) February 1, 2025 Sitharaman is presenting her record eighth consecutive Budget on Saturday (Feb 1). The Budget speech is expected to provide a comprehensive overview of the government's fiscal policies, revenue and expenditure proposals, and taxation reforms, along with other important announcements. The Economic Survey, tabled in the Parliament on Friday (Jan 31), forecast a robust growth rate for India's economy, predicting an expansion between 6.3 and 6.8 per cent in the coming financial year (2025-26). #WATCH | Union Finance Minister Nirmala Sitharaman begins her budget speech amid protest by Samajwadi Party MPs including party chief Akhilesh Yadav (Source - Sansad TV) pic.twitter.com/8YrrXSRgzR — ANI (@ANI) February 1, 2025 This survey illustrates India's robust economic fundamentals backed by a stable external account, fiscal consolidation, and private consumption. It highlighted that the government intends to bolster long-term industrial evolution by concentrating on research and development (R&D), micro, small, and medium enterprises (MSMEs), and capital goods. The measures are aimed at enhancing innovation, and global competitiveness. "The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation and stable private consumption. On balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," it said. (With inputs from agencies)

FM Sitharaman commences Budget speech amid protest by Samajwadi Party MPs as opposition stages walkout

As India anticipates the Union Budget 2025, the crypto industry seeks reforms in taxation and regulations to enhance innovation and adoption.
#india #tax #budget2025

Budget 2025: Crypto industry's wishlist from the budget | WION detailed coverage

India will once again look at managing its finances in a disciplined manner. The budget today will likely show the government's commitment to bringing down the fiscal deficit. Our next report decodes the nuances of India's fiscal strategy for the upcoming financial year.

Budget 2025 expectations: India's budget will aim for fiscal discipline

India's Finance Minister Nirmala Sitharaman met President Droupadi Murmu at Rashtrapati Bhavan on Saturday (Feb 1) ahead of presenting her eighth consecutive Union Budget 2025 in Parliament.
In a gesture steeped in Indian tradition, President Murmu offered Sitharaman 'dahi-cheeni' (curd and sugar), a symbol of good luck.&nbsp;
Minister of State for Finance Pankaj Chaudhary was also present on the occasion. Sitharaman was seen discussing the contours of the Budget proposals with the president.
<blockquote class="twitter-tweet publive-iframes-block publive-Twitter-block" contenteditable="false" width="600" height="400" id="PL_blockquote_block-m6lr2jwf-uoc8t5qh-3q15i5xx">
<a href="https://twitter.com/hashtag/UnionBudget2025?src=hash&amp;ref_src=twsrc%5Etfw">#UnionBudget2025</a> | President Droupadi Murmu feeds Union Finance Minister Nirmala Sitharaman the customary 'dahi-cheeni' (curd and sugar) ahead of her Budget presentation. (Source: ANI) <a href="https://twitter.com/hashtag/IndiaBudget2025?src=hash&amp;ref_src=twsrc%5Etfw">#IndiaBudget2025</a> <a href="https://twitter.com/hashtag/UnionBudget?src=hash&amp;ref_src=twsrc%5Etfw">#UnionBudget</a> <a href="https://twitter.com/hashtag/Budget2025?src=hash&amp;ref_src=twsrc%5Etfw">#Budget2025</a> <a href="https://t.co/y6dkZoBLah">pic.twitter.com/y6dkZoBLah</a>
&mdash; WION (@WIONews) <a href="https://twitter.com/WIONews/status/1885551821185503515?ref_src=twsrc%5Etfw">February 1, 2025</a></blockquote>
The finance minister's next stop was the Parliament from where she will depart for the crucial Cabinet meeting that would be the final stop for the Budget ratification after which it will be presented in the Parliament.
Sitharaman is set to present her record eighth consecutive Budget on Saturday (Feb 1).&nbsp;
<a href="https://www.wionews.com/business-economy/nirmala-sitharaman-to-present-union-budget-2025-today-all-you-need-to-know-8679504">Also read: Nirmala Sitharaman to present Union Budget 2025 today - All you need to know</a>
The Budget speech is expected to provide a comprehensive overview of the government's fiscal policies, revenue and expenditure proposals, and taxation reforms, along with other important announcements.
The Economic Survey, which was tabled in the Parliament on Friday (Jan 31), forecast a robust growth rate for India's economy, predicting an expansion between 6.3 and 6.8 per cent in the coming financial year (2025-26).
This survey illustrates India's robust economic fundamentals backed by a stable external account, fiscal consolidation, and private consumption.
It highlighted that the government intends to bolster long-term industrial evolution by concentrating on research and development (R&amp;D), micro, small, and medium enterprises (MSMEs), and capital goods.
The measures are aimed at enhancing innovation, and global competitiveness.
"The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation and stable private consumption. On balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," it said.
(With inputs from agencies)

India news: The finance minister's next stop was the Parliament from where she will depart for the crucial Cabinet meeting that would be the final stop for the Budget ratification after which it will be presented in the Parliament.

India's Finance Minister Nirmala Sitharaman met President Droupadi Murmu at Rashtrapati Bhavan on Saturday (Feb 1) ahead of presenting her eighth consecutive Union Budget 2025 in Parliament. In a gesture steeped in Indian tradition, President Murmu offered Sitharaman 'dahi-cheeni' (curd and sugar), a symbol of good luck. Minister of State for Finance Pankaj Chaudhary was also present on the occasion. Sitharaman was seen discussing the contours of the Budget proposals with the president. #UnionBudget2025 | President Droupadi Murmu feeds Union Finance Minister Nirmala Sitharaman the customary 'dahi-cheeni' (curd and sugar) ahead of her Budget presentation. (Source: ANI) #IndiaBudget2025 #UnionBudget #Budget2025 pic.twitter.com/y6dkZoBLah — WION (@WIONews) February 1, 2025 The finance minister's next stop was the Parliament from where she will depart for the crucial Cabinet meeting that would be the final stop for the Budget ratification after which it will be presented in the Parliament. Sitharaman is set to present her record eighth consecutive Budget on Saturday (Feb 1). Also read: Nirmala Sitharaman to present Union Budget 2025 today - All you need to know The Budget speech is expected to provide a comprehensive overview of the government's fiscal policies, revenue and expenditure proposals, and taxation reforms, along with other important announcements. The Economic Survey, which was tabled in the Parliament on Friday (Jan 31), forecast a robust growth rate for India's economy, predicting an expansion between 6.3 and 6.8 per cent in the coming financial year (2025-26). This survey illustrates India's robust economic fundamentals backed by a stable external account, fiscal consolidation, and private consumption. It highlighted that the government intends to bolster long-term industrial evolution by concentrating on research and development (R&D), micro, small, and medium enterprises (MSMEs), and capital goods. The measures are aimed at enhancing innovation, and global competitiveness. "The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation and stable private consumption. On balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," it said. (With inputs from agencies)

Union Budget 2025: President Murmu offeres 'dahi-cheeni' to FM Sitharaman ahead of her 8th Budget

Union Finance Minister Nirmala Sitharaman is set to present her ninth Union Budget on February 1, 2025. Throughout her term, FM Sitharaman has achieved important changes to benefit taxpayers, corporations, farmers, and other stakeholders. 

The next Union Budget is likely to include steps to improve sluggish economic development and reduce the financial strain on the middle class, which is dealing with rising costs and stagnant income growth. Taxpayers expect improvements to capital gains tax and a rise in the basic deduction in both tax systems. Watch in for more details!

Union budget 2025: All eyes on India's budget session | WION detailed coverage

The price of the commercial LPG gas cylinders has been reduced by Rs 7 ($0.081) by the oil marketing companies ahead of the Union Budget 2025-26, effective from Saturday (Feb 1).
The revised prices apply to the 19 kg commercial LPG cylinder, which is mostly used in hotels, restaurants, and other businesses.
Also read | <a href="https://www.wionews.com/india-news/india-budget-2025-26-live-updates-finance-minister-nirmala-sitharaman-to-unveil-this-years-budget-today-narendra-modi-pm-modi-budget-session-india-budget-president-droupadi-murmu-1st-feb-8679670">India Union Budget 2025-26 LIVE | Union Cabinet approves Budget 2025</a>
<h2 dir="ltr">How much have the prices decreased?</h2>
The price of a 19 kg commercial LPG cylinder in Delhi has decreased by Rs 7 ($0.081), bringing the new retail price to Rs 1,797 ($20.73). This reduction is likely to bring some relief to businesses that depend on LPG for their operations.
In Kolkata, the price of this LPG cylinder has decreased from Rs 1,911 ($22.04) to Rs 1,907 ($22.00). In Mumbai, the commercial LPG cylinder is now available for Rs 1,749.50 ($20.18), down from Rs 1,756 ($20.25). In Chennai, the price of the LPG cylinder is Rs 1,959.50 ($22.60) from today.
Also read | <a href="https://www.wionews.com/india-news/budget-2025-fm-nirmala-sitharaman-pays-tribute-to-madhubani-art-dons-elegant-off-white-saree-8679840">Budget 2025: FM Nirmala Sitharaman pays tribute to Madhubani art, dons elegant off-white saree</a>
<h2 dir="ltr">No change in the price of cooking gas</h2>
The prices of domestic LPG cylinders (14 kg) for household use remain unchanged. The current prices in major cities are: Delhi Rs 803 ($9.26), Lucknow Rs 840.50 ($9.69), Mumbai Rs 802.50 ($9.26), Chennai Rs 818.50 ($9.44), and Kolkata Rs 829 ($9.56).
Oil companies regularly revise LPG prices based on changes in global crude oil rates and other factors.
Also read | <a href="https://www.wionews.com/india-news/delhi-elections-2025-arvind-kejriwal-appeals-to-bjp-supporters-to-vote-for-aap-regardless-of-their-party-affiliation-8679837">Delhi Elections 2025: Arvind Kejriwal urges BJP supporters to vote for AAP</a>
In December, the oil companies increased the rates of 19 kg commercial LPG cylinders by Rs 62 ($0.72). These price adjustments are expected to impact commercial establishments and small businesses that rely heavily on LPG for their operations.
The revision comes as part of a broader trend in fuel price adjustments in response to changing global market conditions, seen in recent days due to volatile international order.
(With inputs from agencies)
&nbsp;

India News: Effective February, businesses will benefit from a reduction in commercial LPG cylinder prices, providing some relief before the Union Budget announcement.

The price of the commercial LPG gas cylinders has been reduced by Rs 7 ($0.081) by the oil marketing companies ahead of the Union Budget 2025-26, effective from Saturday (Feb 1). The revised prices apply to the 19 kg commercial LPG cylinder, which is mostly used in hotels, restaurants, and other businesses. Also read | India Union Budget 2025-26 LIVE | Union Cabinet approves Budget 2025 How much have the prices decreased? The price of a 19 kg commercial LPG cylinder in Delhi has decreased by Rs 7 ($0.081), bringing the new retail price to Rs 1,797 ($20.73). This reduction is likely to bring some relief to businesses that depend on LPG for their operations. In Kolkata, the price of this LPG cylinder has decreased from Rs 1,911 ($22.04) to Rs 1,907 ($22.00). In Mumbai, the commercial LPG cylinder is now available for Rs 1,749.50 ($20.18), down from Rs 1,756 ($20.25). In Chennai, the price of the LPG cylinder is Rs 1,959.50 ($22.60) from today. Also read | Budget 2025: FM Nirmala Sitharaman pays tribute to Madhubani art, dons elegant off-white saree No change in the price of cooking gas The prices of domestic LPG cylinders (14 kg) for household use remain unchanged. The current prices in major cities are: Delhi Rs 803 ($9.26), Lucknow Rs 840.50 ($9.69), Mumbai Rs 802.50 ($9.26), Chennai Rs 818.50 ($9.44), and Kolkata Rs 829 ($9.56). Oil companies regularly revise LPG prices based on changes in global crude oil rates and other factors. Also read | Delhi Elections 2025: Arvind Kejriwal urges BJP supporters to vote for AAP In December, the oil companies increased the rates of 19 kg commercial LPG cylinders by Rs 62 ($0.72). These price adjustments are expected to impact commercial establishments and small businesses that rely heavily on LPG for their operations. The revision comes as part of a broader trend in fuel price adjustments in response to changing global market conditions, seen in recent days due to volatile international order. (With inputs from agencies)

India: Price of commercial LPG gas cylinders reduced by Rs 7

Indian Finance Minister Nirmala Sitharaman is presenting the Union Budget for 2025-26 from 11 am local time on Feb 1 (Saturday).
In other news, dozens of FBI agents and supervisors involved in now-dropped criminal investigations into President Donald Trump are facing scare of termination.
Meanwhile, Donald Trump revealed on Friday that his administration has engaged in &ldquo;very serious&rdquo; discussions with Russia regarding its ongoing war in Ukraine.
Click on the headlines to read more:
<a href="https://www.wionews.com/india-news/india-budget-2025-26-live-updates-finance-minister-nirmala-sitharaman-to-unveil-this-years-budget-today-narendra-modi-pm-modi-budget-session-india-budget-president-droupadi-murmu-1st-feb-8679670">India Union Budget 2025-26 LIVE | Finance Minister Nirmala Sitharaman presents 'Bahi Khata' to President Droupadi Murmu</a>
<img src="https://img-cdn.thepublive.com/fit-in/1280x720/filters:format(webp)/wion/media/media_files/2025/02/01/c0Ig16NT5Ex6KVDo7iZn.png" alt=" India Budget Session Day 2 LIVE Updates Photograph: (WION Web Team) ">
Indian Finance Minister Nirmala Sitharaman is presenting the Union Budget for 2025-26 on Saturday (Feb 1), a day after the unveiling of the Economic Survey.
<a href="https://www.wionews.com/world/fbi-agents-who-investigated-us-president-donald-trump-under-the-sword-amid-reports-of-mass-firings-or-sweeping-purge-8679596">'Retire, resign or be fired': FBI agents who investigated Trump under the sword amid reports of mass firings</a>
<img src="https://img-cdn.thepublive.com/fit-in/1280x720/filters:format(webp)/wion/media/media_files/2025/02/01/9xnX6XDV8jkK852Wx3aU.png" alt=" US President Donald Trump gestures as he arrives at Palm Beach International Airport in West Palm Beach Florida on January 31, 2025, as he travels to the Mar-a-Lago resort in Florida. Photograph: (AFP) ">
Dozens of FBI agents and supervisors involved in now-dropped criminal investigations into President Donald Trump are facing termination, suggest reports on Friday (Jan 31). Quoting sources, US media publications, including CNN and NBC News, indicated that a sweeping purge is targeting senior FBI officials and field office heads.
<a href="https://www.wionews.com/world/trump-hints-at-major-steps-with-putin-to-end-ukraine-conflict-8679710">Trump hints he and Putin could soon take 'decisive steps' to end Ukraine conflict</a>
<img src="https://img-cdn.thepublive.com/fit-in/1280x720/filters:format(webp)/wion/media/media_files/2025/02/01/yDCTCkeR9etMFkmElCfD.png" alt=" Trump hints at major steps with Putin to end Ukraine conflict Photograph: (Reuters ) ">
US President Donald Trump revealed on Friday (Jan 31) that his administration has engaged in &ldquo;very serious&rdquo; discussions with Russia regarding its ongoing war in Ukraine.
<a href="https://www.wionews.com/world/small-plane-crashes-in-philadelphia-engulfs-homes-in-flames-8679847">Small plane crashes in Philadelphia, homes lit on fire</a>
<img src="https://img-cdn.thepublive.com/fit-in/1280x720/filters:format(webp)/wion/media/media_files/2025/02/01/ZRhip3C9vMwsEVxUG5Vr.png" alt=" Small Plane crashes in Philadelphia, engulfs homes in flames Photograph: (Reuters ) ">
A small medical transport plane carrying six people crashed into a densely populated neighbourhood in northeast Philadelphia on Friday (Jan 31) evening, setting homes and vehicles ablaze.
Watch: Delhi assembly elections: Denied tickets by ruling party, 7 AAP MLAs resign from party
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Wake up informed with WION's Morning News Brief, bringing you the latest headlines and insights to kickstart your day with a global perspective and clarity.

Indian Finance Minister Nirmala Sitharaman is presenting the Union Budget for 2025-26 from 11 am local time on Feb 1 (Saturday). In other news, dozens of FBI agents and supervisors involved in now-dropped criminal investigations into President Donald Trump are facing scare of termination. Meanwhile, Donald Trump revealed on Friday that his administration has engaged in “very serious” discussions with Russia regarding its ongoing war in Ukraine. Click on the headlines to read more: India Union Budget 2025-26 LIVE | Finance Minister Nirmala Sitharaman presents 'Bahi Khata' to President Droupadi Murmu Indian Finance Minister Nirmala Sitharaman is presenting the Union Budget for 2025-26 on Saturday (Feb 1), a day after the unveiling of the Economic Survey. 'Retire, resign or be fired': FBI agents who investigated Trump under the sword amid reports of mass firings Dozens of FBI agents and supervisors involved in now-dropped criminal investigations into President Donald Trump are facing termination, suggest reports on Friday (Jan 31). Quoting sources, US media publications, including CNN and NBC News, indicated that a sweeping purge is targeting senior FBI officials and field office heads. Trump hints he and Putin could soon take 'decisive steps' to end Ukraine conflict US President Donald Trump revealed on Friday (Jan 31) that his administration has engaged in “very serious” discussions with Russia regarding its ongoing war in Ukraine. Small plane crashes in Philadelphia, homes lit on fire A small medical transport plane carrying six people crashed into a densely populated neighbourhood in northeast Philadelphia on Friday (Jan 31) evening, setting homes and vehicles ablaze. Watch: Delhi assembly elections: Denied tickets by ruling party, 7 AAP MLAs resign from party

Morning news brief: India Union Budget 2025; Trump administration to fire FBI agents, and more

Ahead of the Delhi Assembly elections, Aam Aadmi Party national convener, Arvind Kejriwal on Saturday (Feb 1) appealed to the supporters of the Bharatiya Janata Party to vote for AAP emphasising that voting for them will ensure the continuation of essential services such as free electricity, water, healthcare, and education, which would cost them around Rs 25,000.
In a video message, Kejriwal shared a personal anecdote about meeting a BJP supporter who asked what would happen if Kejriwal lost the election. Kejriwal turned the question around, asking the supporter how his family would be affected if the AAP lost.
Also read | <a href="https://www.wionews.com/india-news/india-budget-2025-26-live-updates-finance-minister-nirmala-sitharaman-to-unveil-this-years-budget-today-narendra-modi-pm-modi-budget-session-india-budget-president-droupadi-murmu-bjp-bharatiya-janata-party-8679670">India Union Budget 2025-26 LIVE | Finance Minister Nirmala Sitharaman ready with 'Bahi Khata'</a>
<h2 dir="ltr">Make a practical choice for your families, says Kejriwal</h2>
The supporter revealed that his children attended a government school, which had improved significantly under the AAP government. Kejriwal pointed out that no BJP-ruled state had better schools than Delhi. He then explained that if the AAP lost, the supporter's family would lose access to free electricity, water, healthcare, and education, costing them around Rs 25,000.
Kejriwal further emphasised that it's not about leaving the BJP, but about making a practical choice for their families' well-being and that voting for the AAP will ensure that these essential services continue, regardless of their party affiliation.
Also read | <a href="https://www.wionews.com/business-economy/nirmala-sitharaman-to-present-union-budget-2025-today-all-you-need-to-know-8679504">Nirmala Sitharaman to present Union Budget 2025 today - All you need to know</a>
<h2>8 MLAs resign from AAP</h2>
Meanwhile, eight Aam Aadmi Party (AAP) MLAs stepped down from their posts on Friday (Jan 31). Their resignations come after they were denied tickets to contest the upcoming polls.
The MLAs in their resignation letter cited 'significant deviation' from the values and principles on which the party was founded and accused it of abandoning its founding principles of corruption-free governance, and transparency, and exhibiting traits of centralisation, opacity, and a lack of internal democracy.
The MLAs who have resigned are: Naresh Yadav from Mehrauli, Rohit Kumar from Trilokpuri, Madan Lal from Kasturba Nagar, Rajesh Rishi from Janakpuri, Bhavna Gaud from Palam, Bhupinder Singh Joon from Bijwasan, Pawan Kumar Sharma from Adarsh Nagar and Girish Soni from Madipur.
The Delhi Assembly elections are scheduled to take place on February 5, and counting of votes will be held on February 8. 
(With inputs from agencies)

India News: Arvind Kejriwal urges BJP supporters to back AAP in Delhi elections, highlighting that their vote is crucial for maintaining essential services for the public.

Ahead of the Delhi Assembly elections, Aam Aadmi Party national convener, Arvind Kejriwal on Saturday (Feb 1) appealed to the supporters of the Bharatiya Janata Party to vote for AAP emphasising that voting for them will ensure the continuation of essential services such as free electricity, water, healthcare, and education, which would cost them around Rs 25,000. In a video message, Kejriwal shared a personal anecdote about meeting a BJP supporter who asked what would happen if Kejriwal lost the election. Kejriwal turned the question around, asking the supporter how his family would be affected if the AAP lost. Also read | India Union Budget 2025-26 LIVE | Finance Minister Nirmala Sitharaman ready with 'Bahi Khata' Make a practical choice for your families, says Kejriwal The supporter revealed that his children attended a government school, which had improved significantly under the AAP government. Kejriwal pointed out that no BJP-ruled state had better schools than Delhi. He then explained that if the AAP lost, the supporter's family would lose access to free electricity, water, healthcare, and education, costing them around Rs 25,000. Kejriwal further emphasised that it's not about leaving the BJP, but about making a practical choice for their families' well-being and that voting for the AAP will ensure that these essential services continue, regardless of their party affiliation. Also read | Nirmala Sitharaman to present Union Budget 2025 today - All you need to know 8 MLAs resign from AAP Meanwhile, eight Aam Aadmi Party (AAP) MLAs stepped down from their posts on Friday (Jan 31). Their resignations come after they were denied tickets to contest the upcoming polls. The MLAs in their resignation letter cited 'significant deviation' from the values and principles on which the party was founded and accused it of abandoning its founding principles of corruption-free governance, and transparency, and exhibiting traits of centralisation, opacity, and a lack of internal democracy. The MLAs who have resigned are: Naresh Yadav from Mehrauli, Rohit Kumar from Trilokpuri, Madan Lal from Kasturba Nagar, Rajesh Rishi from Janakpuri, Bhavna Gaud from Palam, Bhupinder Singh Joon from Bijwasan, Pawan Kumar Sharma from Adarsh Nagar and Girish Soni from Madipur. The Delhi Assembly elections are scheduled to take place on February 5, and counting of votes will be held on February 8. (With inputs from agencies)

Delhi Elections 2025: Arvind Kejriwal urges BJP supporters to vote for AAP even as 8 of his party MLAs resign

Indian Finance Minister Nirmala Sitharaman is set to present the Union Budget for 2025-26. For the past eight years, her saree choices have been a topic of discussion. She has dominated budget-day headlines with her exquisite collection of sarees that has showcased her love for Handloom sarees and Indian craftsmanship.
Also read: <a href="https://www.wionews.com/india-news/india-budget-2025-26-live-updates-finance-minister-nirmala-sitharaman-to-unveil-this-years-budget-today-narendra-modi-pm-modi-budget-session-india-budget-president-droupadi-murmu-1st-feb-8679670">India Union Budget 2025-26 LIVE | Budget proceeding begin, FM Nirmala Sitharaman starts presentation amid uproar</a>
<h2>Nirmala Sitharaman pays tribute to Madhubani art&nbsp;</h2>
For her 8th budget, Sitharaman chose an artisanal masterpiece as she wore an elegant off-white saree with a gold border and intricate colourful print. She paired her saree with a contrasting red blouse. She opted to accessories her look with minimal gold jewellery, including a chain, earrings and bangles.&nbsp;
<blockquote class="twitter-tweet">
<a href="https://twitter.com/hashtag/UnionBudget2025?src=hash&amp;ref_src=twsrc%5Etfw">#UnionBudget2025</a> | Union Finance Minister Nirmala Sitharaman is wearing a saree as a tribute to Madhubani Art and the skill of Padma awardee Dulari Devi. Dulari Devi is a 2021 Padma Shri awardee. When FM visited Madhubani for a credit outreach activity at Mithila Art Institute,&hellip; <a href="https://t.co/Q9ur6abaNt">pic.twitter.com/Q9ur6abaNt</a>
&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/1885538353418018902?ref_src=twsrc%5Etfw">February 1, 2025</a></blockquote>

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With this year's choice, FM paid tribute to Madhubani art by wearing a saree gifted by Padma Shri awardee Dulari Devi. The finance minister met Devi during a credit outreach event at Mithila Art Institute, where they shared thoughts on Bihar's rich Madhubani art tradition. While presenting the saree, Dulari Devi asked the FM to wear it for the budget day.
Also read:<a href="https://www.wionews.com/business-economy/nirmala-sitharaman-to-present-union-budget-2025-today-all-you-need-to-know-8679504"> </a><a href="https://www.wionews.com/business-economy/nirmala-sitharaman-to-present-union-budget-2025-today-all-you-need-to-know-8679504">Nirmala Sitharaman to present Union Budget 2025 today - All you&nbsp;need&nbsp;to&nbsp;know</a>
<h2>Nirmala Sitharaman's love for Indian textiles</h2>
Over the years, Sitharam has actively promoted India's rich heritage of handwoven textiles and underrated craftsmanship through the variety of sarees she has worn.
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<div class="f1yzq0lr">For the 2024 budget, she chose a white silk Mangalagiri saree, honouring the heritage of Andhra Pradesh. Earlier, in Feb 2024, during the interim budget, she wore a blue saree featuring traditional Kantha embroidery from West Bengal.</div>
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<h2>Madhubani print: History and significance</h2>
Madhubani painting aka Mithila art, is a traditional Indian art&nbsp;form originating from the Mithila region of Bihar. This form is appreciated worldwide for its intricate patterns, fine detailing and vibrant colours.
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 Entertainment | Lifestyle  India News | Trending I For her 8th budget, Sitharaman chose an artisanal masterpiece, opting for an elegant white saree. She paid tribute to Madhubani art by wearing a saree gifted by Padma Shri awardee Dulari Devi.

Indian Finance Minister Nirmala Sitharaman is set to present the Union Budget for 2025-26. For the past eight years, her saree choices have been a topic of discussion. She has dominated budget-day headlines with her exquisite collection of sarees that has showcased her love for Handloom sarees and Indian craftsmanship. Also read: India Union Budget 2025-26 LIVE | Budget proceeding begin, FM Nirmala Sitharaman starts presentation amid uproar Nirmala Sitharaman pays tribute to Madhubani art For her 8th budget, Sitharaman chose an artisanal masterpiece as she wore an elegant off-white saree with a gold border and intricate colourful print. She paired her saree with a contrasting red blouse. She opted to accessories her look with minimal gold jewellery, including a chain, earrings and bangles. #UnionBudget2025 | Union Finance Minister Nirmala Sitharaman is wearing a saree as a tribute to Madhubani Art and the skill of Padma awardee Dulari Devi. Dulari Devi is a 2021 Padma Shri awardee. When FM visited Madhubani for a credit outreach activity at Mithila Art Institute,… pic.twitter.com/Q9ur6abaNt — ANI (@ANI) February 1, 2025 With this year's choice, FM paid tribute to Madhubani art by wearing a saree gifted by Padma Shri awardee Dulari Devi. The finance minister met Devi during a credit outreach event at Mithila Art Institute, where they shared thoughts on Bihar's rich Madhubani art tradition. While presenting the saree, Dulari Devi asked the FM to wear it for the budget day. Also read: Nirmala Sitharaman to present Union Budget 2025 today - All you need to know Nirmala Sitharaman's love for Indian textiles Over the years, Sitharam has actively promoted India's rich heritage of handwoven textiles and underrated craftsmanship through the variety of sarees she has worn. For the 2024 budget, she chose a white silk Mangalagiri saree, honouring the heritage of Andhra Pradesh. Earlier, in Feb 2024, during the interim budget, she wore a blue saree featuring traditional Kantha embroidery from West Bengal. Madhubani print: History and significance Madhubani painting aka Mithila art, is a traditional Indian art form originating from the Mithila region of Bihar. This form is appreciated worldwide for its intricate patterns, fine detailing and vibrant colours.

Budget 2025:  FM Nirmala Sitharaman pays tribute to Madhubani art, dons elegant off-white saree

India budget 2025 expectations: Tax relief top wish for budget 2025 | WION detailed coverage

In a major setback for the Aam Aadmi Party (AAP) ahead of the Delhi Assembly Elections 2025, seven sitting MLAs resigned from the party on Friday. The resignations come just four days before the crucial state polls.

Delhi assembly elections: Denied tickets by ruling party, 7 AAP MLAs resign from party

India's upcoming budget announcement is drawing significant attention as the government faces pressure to address slowing demand and growth. With the expectation of continuing key priorities and themes from the 2024 budget, there is a strong focus on ensuring policy continuity while boosting investor sentiment. Beyond the usual public rhetoric, the government's approach will be closely watched as it aims to navigate these economic challenges effectively.

India Budget 2025 expectations: Tax relief expected for middle-class earners | WION detailed coverage

ANI | Official Spokesperson of the Ministry of External Affairs Randhir Jaiswal said on Friday that French President Emmanuel Macron has invited Prime Minister Narendra Modi to attend the Artificial Intelligence (AI) Action Summit, and India has accepted the invite. While speaking at a press briefing, Jaiswal said that India is also developing its own AI program.
"French President has invited Prime Minister Narendra Modi for Artificial Intelligence Action Summit and we have accepted their invite. We will update you about further details," he said.
Also read: <a href="https://www.wionews.com/world/mona-lisa-to-get-separate-room-as-louvre-museum-goes-under-renovation-says-macron-8662553">Mona Lisa to get separate room as Louvre Museum goes under renovation, says Macron</a>
On February 10-11, France will host the Artificial Intelligence (AI) Action Summit, gathering at the Grand Palais. Heads of State and Government, leaders of international organizations, CEOs of small and large companies, representatives of academia, non-governmental organizations, artists and members of civil society, a statement by the Elysee Palace said.
Jaiswal also said that after Chinese startup DeepSeek shocked the world, India has their own AI program and is further developing it. "We have our program and we want to further develop that and in that regard, we are in touch with several of our partners with whom we engage on technology issues and technology collaboration and we would like to further strengthen them," he said.
Also read:<a href="https://www.wionews.com/world/french-president-macron-tells-netanyahu-israeli-firms-allowed-at-paris-air-show-8656385">French President Macron tells Netanyahu Israeli firms allowed at Paris Air Show</a>
The government is going to host Open Source model like Deepseek on Indian servers soon said Information and Broadcasting Minister Ashwini Vaishnaw on Thursday.
Also read: <a href="https://www.wionews.com/india-news/prime-minister-narendra-modi-visit-france-macron-8608790">PM Modi to visit France, announces Macron</a>
"We are going to do this very soon. Already, the team has worked on the details of the servers that are required. How much capacity is required? All those details have been worked out. We will very soon be hosting those open-source models on Indian servers," says Vaishnaw.
This comes at a time when Chinese startup DeepSeek with their open source reasoning model R1 has challenged the narrative that entitles need access to large amounts of GPU for building frontier models.
WATCH: <a href="https://www.wionews.com/videos/french-president-emmanuel-macron-cuts-a-giant-cake-in-elysee-palace">French President Emmanuel Macron cuts a giant cake in Elysee Palace</a>
The Indian government is working on a portal from which startups and researchers can access GPUs. Through this portal, startups and researchers can access the highly valued GPUs necessary for training AI models at much lower prices.&nbsp;
<div class="post-content">
Disclaimer: This story has been published from ANI feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.
</div>

World | India News | Jaiswal also said that after Chinese startup DeepSeek shocked the world, India has their own AI program and is further developing it.

ANI | Official Spokesperson of the Ministry of External Affairs Randhir Jaiswal said on Friday that French President Emmanuel Macron has invited Prime Minister Narendra Modi to attend the Artificial Intelligence (AI) Action Summit, and India has accepted the invite. While speaking at a press briefing, Jaiswal said that India is also developing its own AI program. "French President has invited Prime Minister Narendra Modi for Artificial Intelligence Action Summit and we have accepted their invite. We will update you about further details," he said. Also read: Mona Lisa to get separate room as Louvre Museum goes under renovation, says Macron On February 10-11, France will host the Artificial Intelligence (AI) Action Summit, gathering at the Grand Palais. Heads of State and Government, leaders of international organizations, CEOs of small and large companies, representatives of academia, non-governmental organizations, artists and members of civil society, a statement by the Elysee Palace said. Jaiswal also said that after Chinese startup DeepSeek shocked the world, India has their own AI program and is further developing it. "We have our program and we want to further develop that and in that regard, we are in touch with several of our partners with whom we engage on technology issues and technology collaboration and we would like to further strengthen them," he said. Also read:French President Macron tells Netanyahu Israeli firms allowed at Paris Air Show The government is going to host Open Source model like Deepseek on Indian servers soon said Information and Broadcasting Minister Ashwini Vaishnaw on Thursday. Also read: PM Modi to visit France, announces Macron "We are going to do this very soon. Already, the team has worked on the details of the servers that are required. How much capacity is required? All those details have been worked out. We will very soon be hosting those open-source models on Indian servers," says Vaishnaw. This comes at a time when Chinese startup DeepSeek with their open source reasoning model R1 has challenged the narrative that entitles need access to large amounts of GPU for building frontier models. WATCH: French President Emmanuel Macron cuts a giant cake in Elysee Palace The Indian government is working on a portal from which startups and researchers can access GPUs. Through this portal, startups and researchers can access the highly valued GPUs necessary for training AI models at much lower prices. Disclaimer: This story has been published from ANI feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

Indian PM Modi accepts Macron's invitation for AI Action Summit

India has now become a country with the largest number of tiger population in the world, according to a recent study. In just 10 years, India has doubled the population of tigers. It now has around 3,600 tigers which is 75 per cent of the entire population of the world.&nbsp;
These tigers now inhabit an area of 138,200 sq km.&nbsp;
This achievement became possible after safeguarding these tigers from poaching and habitat loss, securing prey, reducing human-wildlife conflict, and uplifting local communities, the study revealed.&nbsp;
WATCH:<a href="https://www.wionews.com/videos/tiger-population-in-india-increased-by-30-over-past-2-decades-8679145">Tiger Population in India increased by 30% over past 2 decades</a>
"We think human densities are detrimental to the conservation of large carnivores [like tigers]. But more than density it is the attitude of people that matters," Yadvendradev Vikramsinh Jhala, the study's lead author, told the BBC.
Jhala gave the example of Malaysia. Despite being economically prosperous and way lower in population density than India, the country has not been successful in reviving the tiger population.&nbsp;
This achievement of India highlights how conservation can protect big cats, boost biodiversity, and support communities.
The study was done by Jhala, Ninad Avinash Mungi, Rajesh Gopal and Qamar Qureshi. The team analysed tiger occupancy in India from 2006 to 2018.
Also read:&nbsp;<a href="https://www.wionews.com/entertainment/randeep-hooda-condemns-proposal-for-birth-control-in-tigers-step-in-the-wrong-direction-8674314">Randeep Hooda condemns proposal for birth control in Tigers: Step in the wrong direction</a>
India, since 2006, has surveyed tiger habitats every four years in 20 different states across the country. The main focus of the survey has been monitoring distribution of the tigers, eye on co-predators, prey, and quality of habitat.
<h2>'Double-edged sword'?</h2>
Also read: <a href="https://www.wionews.com/india-news/india-woman-killed-in-tiger-attack-in-keralas-wayanad-authorities-to-kill-animal-if-fails-to-capture-8650937">India: Woman killed in tiger attack in Kerala's Wayanad; order issued to kill or capture animal, says minister</a>
The researchers said the cohabitation of tigers with people helps in economic prosperity as it boosts tiger-related tourism. But Jha said the development can be a "double-edged sword".&nbsp;
He said although, economic prosperity through sustainable use of ecosystems helps recovery of tigers, it often leads to changes in land use that harm tiger habitats.
"Tiger recovery is thus constrained at opposite ends of the socioeconomic spectrum, by intensive urbanisation and poverty," the team of researchers told BBC.&nbsp;
Also read: <a href="https://www.wionews.com/entertainment/sanjay-dutt-joins-tiger-shroffs-baaghi-4-first-intense-poster-out-782631">Sanjay Dutt joins Tiger Shroff's Baaghi 4, first intense poster OUT</a>
"Hence, adopting an inclusive and sustainable rural prosperity in place of an intensive land-use change&ndash;driven economy can be conducive for tiger recovery, aligning with India's modern environmentalism and sustainability," they furtehr added.&nbsp;
(With inputs from agencies)

World | India News | This achievement became possible after safeguarding these tigers from poaching and habitat loss, securing prey, reducing human-wildlife conflict, and uplifting local communities, the study revealed. 

India has now become a country with the largest number of tiger population in the world, according to a recent study. In just 10 years, India has doubled the population of tigers. It now has around 3,600 tigers which is 75 per cent of the entire population of the world. These tigers now inhabit an area of 138,200 sq km. This achievement became possible after safeguarding these tigers from poaching and habitat loss, securing prey, reducing human-wildlife conflict, and uplifting local communities, the study revealed. WATCH:Tiger Population in India increased by 30% over past 2 decades "We think human densities are detrimental to the conservation of large carnivores [like tigers]. But more than density it is the attitude of people that matters," Yadvendradev Vikramsinh Jhala, the study's lead author, told the BBC. Jhala gave the example of Malaysia. Despite being economically prosperous and way lower in population density than India, the country has not been successful in reviving the tiger population. This achievement of India highlights how conservation can protect big cats, boost biodiversity, and support communities. The study was done by Jhala, Ninad Avinash Mungi, Rajesh Gopal and Qamar Qureshi. The team analysed tiger occupancy in India from 2006 to 2018. Also read: Randeep Hooda condemns proposal for birth control in Tigers: Step in the wrong direction India, since 2006, has surveyed tiger habitats every four years in 20 different states across the country. The main focus of the survey has been monitoring distribution of the tigers, eye on co-predators, prey, and quality of habitat. 'Double-edged sword'? Also read: India: Woman killed in tiger attack in Kerala's Wayanad; order issued to kill or capture animal, says minister The researchers said the cohabitation of tigers with people helps in economic prosperity as it boosts tiger-related tourism. But Jha said the development can be a "double-edged sword". He said although, economic prosperity through sustainable use of ecosystems helps recovery of tigers, it often leads to changes in land use that harm tiger habitats. "Tiger recovery is thus constrained at opposite ends of the socioeconomic spectrum, by intensive urbanisation and poverty," the team of researchers told BBC. Also read: Sanjay Dutt joins Tiger Shroff's Baaghi 4, first intense poster OUT "Hence, adopting an inclusive and sustainable rural prosperity in place of an intensive land-use change–driven economy can be conducive for tiger recovery, aligning with India's modern environmentalism and sustainability," they furtehr added. (With inputs from agencies)

India doubles tiger population within 10 years. 'Key lessons' for conservation for the world

After the stampede on Mauni Amavasya of Prayagraj Mahakumbh, Uttar Pradesh Chief Minister Yogi Adityanath ordered the end of all VIP protocols. Watch this report for more details!

Maha Kumbh 2025: CM Yogi Adityanath tightens security, VIP privileges cancelled

Indian President Droupadi Murmu on Friday (Jan 31) addressed a joint session of the two Houses of the Indian Parliament, marking the beginning of the 2024-25 Budget Session. Watch in for more details!

India's budget session kicks off

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