P. Vaidyanathan Iyer

Fiscal deficit for 2025-26 estimated at 4.4% of GDP, compared with 4.8% of GDP as per the revised estimate for 2024-25 @IndianExpress

Fiscal Policy: deficit each year such that central debt as a % of GDP is on a declining path, says FM @IndianExpress

Bilateral Investment Treaty to be revamped @IndianExpress

This is another big one: FDI in insurance hiked to 100% from 74% @IndianExpress

Reforms for Taxpayers: Trust first, Scrutinise later. New Income Tax Bill in February @IndianExpress

Fourth engine: Exports. Factoring support, export credit, and support to MSMEs for tackling non-trade barriers @IndianExpress

Focus on Bihar Assembly elections later this year: After a makhana Board, Finance Minister Greenfield airports in Bihar, enhance capacity in Patna airport, and another brownfield airport in the state @IndianExpress

This is 'big': plans to commission 100 GW nuclear energy by 2047. To get private players in, amendment to Atomic Energy Act proposed in Budget 2025-26 @IndianExpress

Rs 1 lakh crore Urban Challenge Fund for cities; Rs 10,000 crore allocated in Budget 2025-26 @IndianExpress

Identity cards, health cover for gig workers... part of social security for an estimated 1 crore gig workers @IndianExpress

Budget 2025-25 announces 50,000 Atal Tinkering Labs. To read more about these labs and the man (Chintan Vaishnav) who worked on it, read: https://t.co/sdfvLlUZWk

Investment, the third engine... focus on people, economy, innovation @IndianExpress

MSMEs -- the second engine, as announced by FM Nirmala Sitharaman. Budget 2025-26 proposes raising the investment & turnover threshold by 2-2.5 times. This will enable them grow bigger. MSMEs account for 44% of manufacturing exports, and are also big job creators @IndianExpress

What's there in Budget 2025-26 for states where elections are due -- Delhi and Bihar? First announcement -- Makhana board in Bihar. Makhana is increasingly seen as a super food @IndianExpress

Agriculture, the first engine -- focus on 100 districts... 1.7 crore farmers @IndianExpress