Budget 2025 Strengthens Middle Class, Fuels Economic Growth: Solicitor General

GG News Bureau
New Delhi, 3rd Feb. Solicitor General Tushar Mehta on Sunday praised the Union Budget 2025-26, stating that it reflects the government’s commitment to improving the financial well-being of India’s middle class while boosting overall economic growth.

Mehta highlighted that the Budget provides a strong push for consumption and investments across various sectors. “The significant amendments in income tax rates reaffirm the government’s dedication to uplifting the middle class, which has benefited from fiscal and economic reforms over the past decade,” he said.

He also echoed Prime Minister Narendra Modi’s description of the Budget as a “force multiplier” that will accelerate economic growth and job creation. Mehta emphasized that the proposals lay a strong foundation for India’s transition into a global economic powerhouse, focusing on emerging sectors like electric vehicles, artificial intelligence, and advanced R&D in life-saving drugs. Traditional industries such as shipbuilding and hospitality have also received a boost.

The Solicitor General further underscored the government’s push for energy security through civil nuclear energy development. He lauded the establishment of a ₹10,000 crore ‘Fund of Funds for Startups’ and enhanced support for MSMEs, calling it a well-planned initiative to strengthen India’s manufacturing capabilities.

“All in all, the Budget proposals demonstrate that Viksit Bharat is an idea whose time has come, positioning India as a major global player,” Mehta concluded.