Budget 2025 Expectations: Push For Sustainable Infrastructure, Renewable Energy

Ahead of the Budget announcements on Saturday, we bring to you the key updates around the expectations from the Union Budget this year.

Nirmala Sitharaman will present the Union Budget 2025 on Saturday. (Source: PTI)

Finance Minister Nirmala Sitharaman will present the Union Budget 2025 — her 8th Budget presentation — in the parliament on Saturday, Feb 1, 2025. This is the Narendra Modi government's second full Budget for its third term. Ahead of the Budget announcements on Saturday, we bring to you the key updates around the expectations from the Union Budget this year. Stay tuned.

Budget 2025 Expectations Live: Policy Measure For Realty Sector

Runwal Realty's Director, Saurabh Runwal bats for the need for policy measures that enhance liquidity is critical, and this includes reducing long-term capital gains taxes, streamlining REIT regulations, and increasing interest rebates for housing loans.

"These reforms will drive both domestic and foreign investments, enabling developers to access capital more competitively, and homebuyers to realize their dreams of owning property, especially with the luxury market seeing a 51% growth in demand," he said.

Budget 2025 Expectations Live: Bank Of Baroda's Chief Economist Predicts Lower Fiscal Deficit Ratio By 0.5%

Madan Sabnavis, Chief Economist of Bank of Baroda shared that the, starting point of the budget will be the fiscal deficit and efforts will be made to lower the ratio by 0.5% to probably close to 4.3-4.4% of GDP for FY26.

"Within this framework, the budget would work to maintain, if not increase capex, in the range of Rs 11 lakh crore that will provide a fillip to investment," he said.

Sabnavis highlighted that benefits for MSMEs and industry are also expected through the PLI scheme with probably a special dispensation for the former. "There could be some minor rationalisation in subsidy outgo through better targeting of beneficiaries. It would, however, be interesting to see if there are any special rebates offered on income tax given that consumption has been affected due to high inflation this year," he said.

"From the perspective of banks a more favourable tax slab for interest on bank deposits will help to provide a level field with equity markets and also provide incentive to deposit holders," he further said.

Budget 2025 Expectations Live: Sustainable Infrastructure

With nearly half of the Indian population expected to live in urban areas by 2030, the need for infrastructure that is both expansive and sustainable is more urgent than ever, shared Arun Awasthy, President & Managing Director, Johnson Controls India.

"This need for climate conscious infrastructure is not only critical as a response to environmental challenges but also as a deemed driver of long-term economic stability for the country," he said.

Budget 2025 Expectations Live: Incentives For Logistics Parks And Warehouses

To meet the diverse demands of the growing economy, enhanced infrastructural development, streamlined regulatory processes, and incentives for creating state-of-the-art logistics parks and warehouses are essential said Anshul Singhal, Managing Director, Welspun One & Chairperson of ASSOCHAM National Council on Logistics and Warehousing.

"This is because warehousing is a cornerstone of efficient supply chain management that significantly impacts domestic and international trade by ensuring seamless storage and distribution," he further said.

Budget 2025 Expectations Live: Reduction Of GST On Mobile Phones

All India Mobile Retailers Association has made some Union Budget suggestions on behalf of the mobile retailers in the country. In a letter, the association calls for reduction of GST on mobile phones, tax exemption for small retailers, easy access to Mudra loans, reduction of Merchant Discount Rate charges and supporting local initiatives. 

Read full story here.

Budget 2025 Expectations Live: Reforms To Reach India's 500 GW Target By 20230

With an additional 300 GW of renewables to be added over the next five years, the sector requires reforms that are not only future-oriented but also address the current challenges faced by the industry, according to Anmol Jaggi, Chairman and Managing Director, Gensol Engineering Ltd.

"This year’s budget presents a critical opportunity to drive a significant expansion in renewable energy capacity as we continue pursuing the 500 GW target by 2030," he said.

Budget 2025 Expectations Live: India’s Logistics And Transportation Sector Bat For Enhance Multimodal Connectivity

India’s logistics and transportation sector stakeholders eagerly anticipate measures to sustain and amplify the sector’s momentum, focusing on enhancing multimodal connectivity, improving last-mile logistics, and fostering technological innovation, said Dipanjan Banerjee, chief commercial officer, Blue Dart.

"Meaningful reforms and investments are essential to streamline operations, integrate green energy solutions, and create a resilient, future-ready ecosystem driving sustainable economic progress," he said.

Budget 2025 Expectations Live: Hope For High Capital Expenditure, Says Thermax CEO

A tight fiscal deficit, minimal freebies and high capital expenditure are on the wishlist of Ashish Bhandari, the managing director and chief executive officer of Thermax Ltd., from the upcoming Union Budget for financial year 2025-26.

Talking to NDTV Profit, Bhandari said that he is not expecting “too many big bang moves” from the budget this year.

Read full story here.

Budget 2025 Expectations Live: Automakers Demand Support For Green Tech

Automakers want the government to provide merit-based policies to support a full range of green technologies and alternative fuels besides allocations to facilitate electric vehicle ecosystem like charging infrastructure to further accelerate sustainable mobility in the upcoming Union Budget.

With the automobile industry showing early signs of growth slowing down, they said budgetary initiatives to boost the disposable income of consumers are necessary to support robust growth.

"We request the government for appropriate merit-based policies that support and help in popularising full range of greener technologies and alternative fuels thereby helping in faster and greater adoption of multiple sustainable mobility solutions," Toyota Kirloskar Motor Pvt. Country Head and Executive Vice President of corporate affairs and governance Vikram Gulati said.

Read full story here.

Also Read: Budget 2025 And Income Tax: 10 Best Tax-Saving Investment Options For Women

Budget 2025 Expectations Live: Tariff Cut On US Imports

In a preemptive move by the Narendra Modi-Government, India will likely slash customs duty on several high-end imported goods from the US in the upcoming budget, according to people aware of the development.

The latest development follows US President Donald Trump's characterization of India, Brazil, and China as high-tariff countries.

In the union budget that is set to be unveiled on Feb. 1, the government may cut the customs duty on seven to eight high-end imported goods, sources told NDTV Profit. Items such as specialised steel, high-end motorbikes, and electronics items could see rate reduction, NDTV Profit has learnt.

The announcement that is expected this week will not have major impact on domestic industry, according to sources. Currently, about 20 items attract a tariff of over 100%.

Also Read: RBI Policies May Turn Growth-Friendly On Possible Tight Fiscal Stance In Budget: Jefferies

Budget 2025 Expectations Live: Mobile Retailers Association Requests Tax Relief

All India Mobile Retailers Association has made some Union Budget suggestions on behalf of the mobile retailers in the country. In a letter, the association calls for reduction of GST on mobile phones, tax exemption for small retailers, easy access to Mudra loans, reduction of Merchant Discount Rate charges and supporting local initiatives. 

The letter mentioned that the grey market and high GST rates pose challenges to the sector’s growth. However, it is important to note that GST is outside the purview of the budget. 

Read story here.

Also Read: Does The Budget 2025 Have The Bandwidth To Resurrect Growth? Systematix' Analysis

Budget 2025 Expectations Live: RBI Policies May Turn Growth-Friendly On Possible Tight Fiscal Stance

The upcoming monetary policy committee meeting in February will likely "spring positive surprises," according to Jefferies. The brokerage said that the measure can take a growth-favoured approach. However, it's cautious on Budget 2025 given the possibility of slowdown in capital expenditure.

RBI policies can take a growth-supportive turn, especially with the government expected to take a tight fiscal stance on Feb 1, Jefferies said in a note. The recent move by the central bank to provide liquidity is a positive indicator, it said.

Read story here.

Also Read: Budget 2025: From Fiscal Deficit, Capex To Disinvestment, GDP — Key Terms To Know

Budget 2025 Live: Sitharaman's Saturday Speech

Finance Minister Nirmala Sitharaman will present the Union Budget 2025 — her 8th Budget presentation — in the parliament on Saturday, Feb 1, 2025. This is the Narendra Modi government's second full Budget for its third term. Ahead of the Budget announcements on Saturday, we bring to you the key updates around the expectations from the Union Budget this year. Stay tuned.

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
GET REGULAR UPDATES