Finance Minister Nirmala Sithaman on Saturday announced several new measures and schemes as part of the Central Budget 2025. The NDA government’s third -term budget will increase broadband connectivity in public schools, and will try to promote solar cells, grid scale. Batteries, and other products. The budget will also provide insurance coverage for about 1 million Gig workers, while the loan boundaries will be increased under the Prime Minister Swindi Scheme, as well as a new rupee. The 30,000 credit card is connected to the NPCI’s Unified Payment Interface (UPI).

The union’s budget 2025 brings good news to the industry, including the Consumer Electronics Manufacturing Sector. Counterpoint Research Director Tarun Pathak said the new shortage on BCD for important components means that localization of parts like batteries and display will increase.

Union Budget 2025 to learn about key technology announcements

  1. The government has announced the five national centers of Excellence for skills, and a new center of Exxon for AI will also be set up in education – RS in the latter. According to the Finance Minister, 500 million. Meanwhile, the new infrastructure will be included in the IITs that were established after 2014 to add 6,500 seats for students to the new institute.
  2. Under the India Net Program, broadband communication will be extended to all secondary schools and basic health centers across the country. Meanwhile, more than 50,000 Atal Thinking Laboratories (ATL) will be set up in the five years in the government -administered schools.
  3. A new deputy fund of funds is being explored by the government to promote research and development. Prime Minister Gati Shakti’s move data will also be shared with the private sector, while an India trade net platform will be set up to ease international trade. According to the Finance Minister, India Post will be improved to improve its logistics capabilities.
  4. The Make in India Initiative will be extended to add a new manufacturing mission to create an ecosystem for local production of components such as grid scale batteries, solar photovoltaic (PV) cells, and electrivalers. The government has reduced the basic customs duty (BCD) on open cells and carrier grade Ethernet switches, while BCD on a flat panel display has dropped from 10 % to 20 %.
  5. Along with e -shame registration and identity cards, more than 100 million Gig workers will be eligible for government -run insurance insurance. The Finance Minister also announced a new UPI -affiliated credit card, which uses Rs 500. 30,000, as well as the Loan loan limits of the Prime Minister Swanidhi Scheme.

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