Aakash Jugraj’s Perspective on the 2025 Budget
Aakash Jugraj, Founder & CEO of Shivaksh Media Group, is a forward-thinking leader in digital media and blockchain technology. As the creator of Nex News Network, the world’s first blockchain-integrated Web 3.0 and Metaverse-based media platform, he’s committed to providing immersive digital access to industry trends, business insights, and government policies. Under his leadership, Nex News Network has become a global force, utilizing blockchain technology to ensure transparency, security, and advanced digital engagement.
Key Highlights of Budget 2025
- Tax Relief for Middle-Class Individuals: The budget introduces substantial tax relief by increasing the income tax exemption limit from ₹7 lakh to ₹12 lakh, benefiting millions of salaried individuals. This move aims to increase consumer spending and stimulate economic growth.
- Support for Agricultural and Rural Sectors: With a nationwide push to enhance crop yields, the budget supports 1.7 crore farmers with subsidies and increased rural employment funding (₹86,000 crore). This initiative strengthens India’s agricultural foundation and fosters rural development.
- Boost to Digital Economy and Tech Innovation: Focused on digital transformation, the budget allocates resources for AI, biotechnology, and fintech sectors. The government is also expanding digital literacy programs, positioning India as a global hub for innovation.
- Simplified Taxation for Businesses: Streamlined tax filing processes and corporate tax incentives for sustainable industries are introduced to create a pro-business environment, making India more attractive to global investors.
- Infrastructure Development and Urban Growth: Significant funds are dedicated to enhancing urban infrastructure, including smart cities, transportation networks, and housing projects, contributing to inclusive economic growth.
- Emphasis on Healthcare and Education: A major portion of the budget is directed toward improving healthcare and education systems, ensuring equal access and quality services for all citizens.
- Investments in Renewable Energy: A clear focus is placed on renewable energy, with incentives for clean energy startups and investments aimed at reducing India’s carbon footprint.
- Promotion of Startups and Innovation: Special initiatives to foster startups, including those in AI, IoT, and fintech, will drive technological progress and create new job opportunities across sectors.
- Strengthening Cybersecurity: With the rise of digital assets and global data exchange, the government has allocated resources for enhanced cybersecurity measures, protecting the nation’s digital infrastructure.
- Empowering Youth and Employment Generation: The budget prioritizes skill development programs and employment generation schemes aimed at empowering the youth and preparing them for future careers in emerging industries.
Conclusion: A Bold Step Toward Economic Prosperity
Aakash Jugraj believes that the 2025 budget is a visionary step toward making India a global leader in digital transformation and economic growth. “This budget will propel India toward its goal of becoming a digital and economic powerhouse,” he says. With a focus on sustainability, economic reforms, and technological advancement, India is poised for a prosperous future.
