Union Budget 2025: 37 old and new schemes to look out for on Budget day

New Delhi: Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chairs the eighth pre-budget consultation in New Delhi, on Jan. 6, 2025. With Budget FY2025-26 scheduled to be presented on February 1, here is a look at some of the recently launched schemes, older schemes with significantly reduced funding, schemes under the Production Linked … Read more

EV Automobile Budget 2025: Allocation for electric mobility schemes rise by 20%

Under India’s EV mission, the country aims to incentivise electric vehicles as an alternative to fossil fuels in transportation Schemes promoting electric mobility (e mobility) in India have got a renewed push in the Union Budget 2025-26 with a funding increase of over 20% compared to last year. Collective allocation for such schemes has risen … Read more

Union Budget 2025-26: All AI schemes receive huge increase in allocations, as well as new Centre of Excellence

The IndiaAI mission got the highest increase in allocation Finance Minister Nirmala Sitharaman presented the Union Budget for 2025, unveiling the eighteenth Cabinet’s plans for funding the integration of Artificial Intelligence (AI) in various fields. Allocations for all schemes related to AI have seen significant increases since the previous Union Budget. In her 8th Budget … Read more

Education Budget 2025: Spending on IITs, IIMs and higher education in general stagnates | Data

The share of allocation to IITs in FY26 remained the same as the revised estimates in FY25. | Photo Credit: VELANKANNI RAJ B In FY26, the government is expected to spend ₹50,077.95 crores on higher education. The allocation increased by ₹3,595.6 crore, when compared with the revised estimates for the year FY25. While the allocation … Read more