Hon'ble Speaker, I present the Budget for 2025-26.
Introduction
1. This Budget continues our Government's efforts to:
a) accelerate growth,b) secure inclusive development,c) invigorate private sector investments,d) uplift household sentiments, ande) enhance spending power of India's rising middle class.
2. 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.
3. As we complete the first quarter of the 21st century, continuing geopolitical headwinds suggest lower global economic growth over the medium term. However, our aspiration for a Viksit Bharat inspires us, and thetransformative work we have done during our Government's first two terms guides us, to march forward resolutely.
Budget Theme
4. 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.
5. The great Telugu poet and playwright Gurajada Appa Rao had said, 'Desamante Matti Kaadoi, Desamante Manushuloi'; meaning, 'A country is not just its soil, a country is its people.' In line with this, for us, Viksit Bharat,encompasses:a) zero-poverty;b) hundred per cent good quality school education;c) access to high-quality, affordable, and comprehensive healthcare;d) hundred per cent skilled labour with meaningful employment;e) seventy per cent women in economic activities; andf) farmers making our country the 'food basket of the world'.
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