Union Budget 2025 Highlights: Grant Thornton Bharat outlines key expectations for Indian aviation space

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Union Budget 2025 Highlights: Grant Thornton Bhar .. tlines key expectations for Indian aviation space

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Union Budget 2025 Highlights: Grant Thornton Bharat outlines key expectations for Indian aviation space

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Published in Business and Finance on Friday, January 24th 2025 at 0:00 GMT by

cnbctv18

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Highlights: Ashish Chhawchharia from Grant Thornton Bharat highlighted that the Indian aviation industry is focusing on sustainability and connectivity. He expects budget support for initiatives like the UDAN scheme,

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focuses on several key areas to boost economic growth and infrastructure development. Key highlights include potential income tax cuts to increase disposable income, a significant increase in capital expenditure to stimulate economic activity, and a strong emphasis on enhancing electric vehicle (EV) infrastructure to promote sustainable transport solutions. The budget also aims to address fiscal consolidation, with measures to manage the fiscal deficit and promote inclusive growth. Additionally, there are expectations of reforms in sectors like agriculture, healthcare, and education, alongside initiatives to support startups and small businesses, reflecting a comprehensive approach to economic recovery and long-term development.

Read the Full cnbctv18 Article at:
[ https://www.cnbctv18.com/budget/union-budget-2025-live-updates-income-tax-cut-capex-increase-focus-on-ev-infrastructure-fm-nirmala-sitharaman-liveblog-19544990.htm ]

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