Finance minister to present Union budget 2025 tomorrow

NEW DELHI: Union finance minister Nirmala Sitharaman will present the Union Budget 2025 under Prime Minister Narendra Modi’s regime tomorrow, February 1, 2025. The eighth consecutive Indian budget 2025 will be presented in a paperless form in the Parliament.

The finance minister is expected to deliver the financial budget 2025 speech at 11 am tomorrow. Ahead of the budget session 2025, PM Modi addressed the nation. President Droupadi Murmu also addressed both houses of Parliament.

Indian budget 2025 speech can be watched online on various news channels and official social media pages. The Ministry of Finance will stream the budget live on its official Twitter and Facebook accounts.

Union budget expectations 2025

Academics and EdTech firms are hoping for a stronger integration of emerging technologies, industry-academia collaborations, and specialised upskilling programmes in artificial intelligence, digital technologies, and renewable energy to upskill the new generation, in the 2025 budget.

In the India budget 2025, industry experts expect higher allocation for skill development and entrepreneurship, provision of apprenticeship programmes, and participation of women in the workforce.

Among the central budget 2025 wishlist of universities and educational institutions are research and innovation programmes, investments in public-private partnerships, skill-based training programmes, climate literacy, and online education.

Education budget last year

In last year's education budget, the government announced an outlay of Rs 1.48 lakh crore and new initiatives including education loans up to Rs 10 lakh, e-Vouchers to 1 lakh students towards annual education loan interest, over 1,000 new Industrial Training Institutes (ITIs), and internship opportunities in top 500 companies to 1 crore youth in five years.

During the Interim Budget, Sitharaman announced allocation of 20%, highest, for post-matric scholarships for tribal students, however, most scholarships for minorities witnessed drops in allocations. School education was allocated Rs 73,008.10 crore while higher education got Rs 47,619.77 crore in its share.