Finance Minister Nirmala Sitharaman announced on Saturday several new measures and schemes as part of the Union Budget 2025. The second budget of the third term of the NDA government will expand broadband connectivity with government schools and strive to increase The manufacture of solar cells, on a grid scale, on a scale of rails and other products. The budget will also provide insurance coverage for almost 1 crore of the show’s workers, while the loan boundaries under the first -the -minister Swanidhi scheme will increase, along with a new RS. 30,000 credit card linked to the NPCI Unified Payments Interface (UPI).
“The Basic Customs Tax Government (BCD) review will reinforce domestic manufacturing, approaching the ambitious $ 500 billion of the first -Narendra Modi (about RS.43.32.500 Crore) electronic manufacturing goal. 10 %to 20 %, combined with the reduction in open cells and other LCD/LED components to 5 %, is a future vision political movement that will give a significant boost to domestic manufacturing champions such as Dixon, “said Pabhu Ram, VP – Industry Research Group (IRG), Cybermedia Research.
“The 2025 Union Budget brings good news to the industry, including the consumer electronics manufacturing sector. New reductions in the BCD for important components mean that the location of parts such as batteries and exhibitions will increase,” said the director of counterpoint research Tarun Pathak to Gadgets 360.
Here are 5 things to learn about the main ads related to the technology of the Union Budget 2025
- The government has announced five national skills centers for skills, and a new center of excellence for AI in education will also be created – the latter will have a spending of RS. 500 CERT, according to the Minister of Finance. Meanwhile, the new infrastructure will be added to the Iits established after 2014 as part of the efforts to add 6,500 seats to students from the new institutes.
- Broadband connectivity will be expanded to all secondary schools and primary health centers across the country under the Net Bharat program. Meanwhile, more than 50,000 ATAL thinking laboratories (ATL) will be established over the next five years in government -managed schools.
- A new Deeptech background fund is being explored by the government in order to increase research and development. Data from PM Gati Shakti initiative will also be shared with the private sector, while a Bharat commercial net platform will be configured to facilitate international trade. India Post will be renewed to improve its logistics resources, according to the Finance Minister.
- The Make In India initiative will be expanded to include a new manufacturing mission that will create an ecosystem for local component production such as railing, solar photovoltaic (PV) and electrolyzers. The government has reduced the basic customs tax (BCD) in open cells and conveyor ethernet switches, while the Plan Panel views doubled from 10 % to 20 %.
- More than 1 crores shows will be eligible for government insurance, along with the e-SHRAM registration and an identity card. The Finance Minister also announced a new credit card linked to UPI with a limit of RS. 30,000 as well as higher boundaries of Swanidhi scheme.
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