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The allocation of the Union Budget under key schemes has seen robust growth in recent years, reflecting the government’s focus on targeted welfare and development initiatives. For FY25, the total budgeted expenditure is estimated at ₹48,20,512 crore, a 7.3% increase from the revised estimates of FY24. Out of this, ₹20,22,153.8 crore — around 42% — is allocated to various schemes, marking a 6% increase over FY24 revised estimates.
Among the big-ticket allocations, the Pradhan Mantri Garib Kalyan Anna Yojana takes the lion’s share, followed by the Mahatma Gandhi National Rural Employment Guarantee Programme. Whether the FY26 Budget retains the balanced approach, prioritising welfare, amid growth challenges, remains to be seen.
September 2025
2025 is shaping up to be the year of electric car sales. In a first, India’s electric vehicles (EV) industry crossed the sales milestone of 100,000 units in FY25, fuelled by a slew of launches by major players, including Tata Motors, M&M, Ashok Leyland, JSW MG Motor, Hyundai, BMW, and Mercedes-Benz. The issue also looks at the challenges ahead for Tata Sons chairman N. Chandrasekaran in his third term, and India’s possible responses to U.S. president Donald Trump’s 50% tariff on Indian goods. Read these compelling stories in the latest issue of Fortune India.
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