Finance Minister Nirmala Sitharan on Saturday Announced Several New Measures and Schemes as Part of the Union Budget 2025. Ent Schools, and take efforts to boost manufacturing of solar cells, grid-scale Batteries, and other products. The Budget will also provide insurance coverage for near 1 Crore Gig Workers, While Loan Limits under the PM Swanidhi Scheme will be increased, Along with a new Rs. 30,000 credit card linked to the NPCI’s Unified Payments Interface (UPI).
“The Government’s Revision of Basic Customs Duty (BCD) Will Bolser Domestic Manufacturing, Bringing Us Closer to Prime Minister Narendra Modi ‘Ambitious $ 500 Billion (route S manufacturing target. The Increase in BCD on Interactive Flat Panels from 10 Percent to 20 Percent, Combined with the Reduction on Open Cell and Other LCD/LED Componants to 5 Percent, is a forward-thinking policy movie that will provide a significant boost to domestic Said Prabhu Ram, VP – Industry Research Group (IRG), Cybermedia Research.
“The Union Budget 2025 Brings Good News for the Industry, Including The Consumer Electronics Manufacturing Sector. New Reductions on BCD for Important Components Means Means THE PARTS SUTS S will Rise, “CountterPoint Research Director Tarun Pathak Told Gadgets 360.
Here are 5 things to know about key Technology-Reounded Announcements from the Union Budget 2025
- The government has announced five national centers of excellence for skilling, and a new center of excellence for ai in education will also be set up – The latter will have will have an outs of an outs. 500 Crore, according to the finance minister. Meanwhile, new infrastructure will be added to iits that was established after 2014 as part of efforts to add 6,500 seats for students at the newer institutes.
- Broadband Connectivity will be expanded to all Secondary Schools and Primary Health Center CONTRES Across the Country, Under the Bharat Net Program. Meanwhile, over 50,000 Atal Thinking Laboratories (ATL)
- A new Deeptech Fund-of-Funds is Being Explred by the Government, In Order to Boost Research and Development. Data from the PM Gati Shakti Initiative will also be shared with the private sector, where a bharat trap network network will be set up to facilitate interactive trade. India post will be revamped to improve its logistics capability, according to the finance minister.
- The make in India Initiative will be expanded to include a new manufacturing mission Electrolysers. The government has lowered basic customs duty (BCD) on Open Cells and Carrier-Grade Ethernet Switches, while BCD on Flat Panel Displays Has Doubled From 10 Percent to 20 percent.
- Over 1 Crore Gig Workers will be eligible for Government-Funded Insurance, Along with e-Shram registration and an identity card. The finance minister also also announced a new UPI-Linked Credit Card with a Usage Limit of Rs. 30,000, as well as higher loan limits for the PM Swanidhi Scheme.
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(Tagstotranslate) Union Budget 2025 5 Things to Know Technology Announcements Union Budget 2025 (T) Finance Minister Nirmala Sitharaman
