Haryana Development and Panchayats Minister, Sh. Krishan Lal Panwar, described the Union Budget for the financial year 2025-26 presented by Union Finance Minister, Smt. Nirmala Sitharaman, as highly beneficial for all sections of society. He emphasized that the budget prioritizes the poor, youth, farmers, and women.
Additionally, he highlighted the significant relief for salaried middle class, as those earning up to Rs. 12 lakh would be exempted from income tax. Sh. Krishan Lal Panwar said that the Union budget under the leadership of Prime Minister, Sh. Narendra Modi is presented for the third consecutive term focusing on public welfare, accelerating development, and enhancing the financial stability of the middle class.
The extension of the ‘Har Ghar Nal Se Jal’ scheme until 2028, term loans of up to Rs. 2 crore for women entrepreneurs, and an increase in the credit card limit for farmers from Rs. 3 lakh to Rs. 5 lakh shows the government’s commitment to supporting all sections of society. The Minister stated that the establishment of a Centre of Excellence (CoE) in Artificial Intelligence (AI) for education, with an allocation of Rs. 500 crore, will be a significant milestone for modern education.
Under the leadership of the Chief Minister, Sh. Nayab Singh Saini, the Haryana government is also committed to making Haryana a global education hub. The goal is to provide AI and advanced skills training, creating ample employment opportunities for the youth.
The Development and Panchayats Minister also highlighted the government's focus on accessible healthcare. To enhance cancer treatment and early detection, the budget has made cancer medicines duty-free, making them more affordable. Additionally, within the next three years, Cancer Day Care Centers will be established in every district, providing significant relief to patients.
He said that the budget also includes a plan to develop a “Grameen Credit Score” framework to meet the loan requirements for public sector banks, self-help groups, and rural borrowers. This will help small businesses and entrepreneurs access better financial support.
Sh. Krishan Lal Panwar said that the Union Budget is a major step towards a self-reliant and developed India. He described it as an inclusive budget that will drive India’s development journey for the next 25 years with a focus on key areas such as infrastructure, digital economy, education, health, agriculture, defense, and employment generation.
This historic budget is crafted for the welfare of 140 crore Indians and will play a pivotal role in making India self-reliant.