Abhishek Singhvi Analyses The Hits And Misses Of Budget 2025

Congress MP  and advocate Abhishek Manu Singhvi opines on the 'loopholes' in Union Budget 2025; from 'high' fiscal deficit, to tall promises which he thinks may not come to fruition.

Finance Minister Nirmala Sitharaman presented a record eighth consecutive budget, which is expected to contain measures that ease the burden on the middle class struggling with high prices and stagnant wage growth while being fiscally prudent. As per the Economic Survey tabled on Friday, the Indian economy is expected to grow at 6.3-6.8 percent in 2025-26. While India will need structural reforms and deregulation to reinforce medium-term growth potential, investment activity is expected to pick up.