Union Budget 2025: To commemorate the release of the Union Budget, Zuhaib Khan, an artist from Amroha who works with graphite and charcoal, created an 8-foot-long image of Finance Minister Nirmala Sitharaman.
“I have tried to convey my expectations with the budget that it will help our Indian rupee to strengthen through the portrait,” Zuhaib told ANI. I hope it advances the development of our country.
In addition to Zuhaib, Sudarsan Pattnaik, a sand artist, also utilized his artistic abilities to commemorate the Union Budget’s presentation. On Puri Beach, he made a sand sculpture that represented the Union Budget 2025.
“To celebrate the Union Budget 2025, I made a piece of sand art. Four tons of sand were used to make this artwork, which bears the words “Welcome Union Budget 2025.” Union Finance Minister Nirmala Sitharaman will announce the Union Budget 2025, which is the focus of the nation and the globe,” Sudarshan told ANI.
Nirmala Sitharaman visited President Droupadi Murmu at Rashtrapati Bhavan before delivering the budget to the Lok Sabha.
The Union Finance Minister was presented ‘dahi-chini’ by President Murmu. This is a traditional way to wish someone luck. The president and the finance minister were seen discussing the general outline of the proposed budget during their discussion. In the meanwhile, the Union cabinet meeting got underway in Parliament, where the budget was approved before its introduction.
The Economic Survey, which was presented to Parliament on Friday, predicted that India’s GDP will expand by 6.3% to 6.8% in the next fiscal year 2025–2026.
The country’s economic fundamentals are still sound, according to the poll, which was presented the day before the union budget. These are bolstered by private consumption, fiscal consolidation, and a steady external account.
It said that the government intends to prioritize capital goods, micro, small, and medium-sized businesses (MSMEs), and research and development (R&D) in order to support long-term industrial growth.
“With a healthy external account, balanced fiscal consolidation, and steady private spending, the foundations of the domestic economy are still strong.
Taking all of these factors into account, we anticipate growth in FY26 to be between 6.3% and 6.8%,” the statement said.
According to the poll, the seasonal drop in vegetable prices and the start of the Kharif crop are likely to reduce food inflation in Q4 FY25. In the first half of FY26, a strong Rabi crop is also anticipated to contribute to the control of food prices. On the other hand, inflation is threatened by unfavorable weather patterns and growing global food prices.