The first full Budget of Modi 3.0, presented by Finance Minister Nirmala Sitharaman on February 1, 2025, has introduced major measures to drive entrepreneurship, innovation, employment, and tax relief.

India’s GDP is projected to expand 6.3%-6.8% in FY26, according to the Economic Survey, much below the level needed to become a developed nation by 2047. The economy needs to grow at about 8% for about a decade or two to achieve that goal.