Key announcements by Finance Minister in Union Budget 2025
01-Feb-2025 11:37 AM
Key announcements by Finance Minister in Union Budget 2025
Dhan Dhanya Krishi Yojna
★ Launched in partnership with states.
★ Covers 100 districts.
★ Benefits 1.7 crore farmers.
★ Aims to create rural job opportunities to reduce forced migration.
Viksit Bharat Vision
★ Focuses on poverty eradication, youth, farmers, and women.
★ Goal: Zero poverty.
★ Budget proposals span 10 broad areas.
Kisan Credit Card (KCC) Expansion
★ Loan limit increased from Rs. 3 lakh to Rs. 5 lakh.
★ 7.07 crore farmers to benefit.
MSME Credit Boost
★ Credit guarantee cover increased from Rs. 5 crore to Rs. 10 crore.
★ Expected to generate Rs. 1.5 lakh crore in additional credit over 5 years.
★ Investment and turnover limits enhanced to 2.5X & 2X, respectively, for MSMEs.
