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Inviting Ideas and Suggestions for Union Budget 2025-2026

Start Date :
Jan 08, 2025
Last Date :
Jan 16, 2025
00:00 AM IST (GMT +5.30 Hrs)
The Ministry of Finance seeks your thoughtful ideas for the Union Budget 2025-26 which aims to reflect the aspirations and needs of the people, fostering inclusive growth and ...
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Showing 1177 Submission(s)
SANJAY SARKAR
1 year 6 months ago
Incentives for Sustainable Practices - The government is anticipated to offer incentives for eco-friendly initiatives. Financial support for integrating renewable energy into retail activities, tax benefits for environmentally sustainable goods, and backing for waste management programs are expected to assist companies in responding to the increasing consumer demand for green practices.
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SANJAY SARKAR
1 year 6 months ago
Expanding the Production-Linked Incentive (PLI) Scheme for the consumer goods industry could help boost domestic manufacturing, reduce import dependency, and enhance India's global competitiveness in sectors like electronics, household appliances, food and beverages, textiles, and furniture. This move would also align with the government's focus on Make in India, pushing the country towards greater self-reliance in the production of essential consumer goods
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SANJAY SARKAR
1 year 6 months ago
Regulatory actions against unfair pricing practices and encouragement for omnichannel retail approaches are expected to enhance the retail sector. Additionally, government investment in digital infrastructure is vital to boost e-commerce and technology use in retail, with better connectivity, payment systems, and technological advancements aiding businesses in improving efficiency, customer outreach, and market competitiveness.
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SANJAY SARKAR
1 year 6 months ago
Support for Digital Infrastructure and E-commerce: The upcoming budget is expected to maintain backing for programs such as Digital India, with a focus on enacting policies that create equal opportunities for online and offline retailers. Regulatory actions against unfair pricing practices and encouragement for omnichannel retail approaches are expected to enhance the retail sector. Additionally, government investment in digital
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SANJAY SARKAR
1 year 6 months ago
Affordable Financing and Interest Rate Reductions: Low-cost loans should be provided to the small retailers thereby, fostering growth and stability within the sector.
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SANJAY SARKAR
1 year 6 months ago
Affordable Financing and Interest Rate Reductions: Low-cost loans should be provided to the small retailers thereby, fostering growth and stability within the sector.
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SANJAY SARKAR
1 year 6 months ago
Accelerate and implement the National Retail Trade Policy to streamline growth of all formats of retail trade, reduce compliance and regulatory burden
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SANJAY SARKAR
1 year 6 months ago
Employee linked incentive schemes and Labour codes: The Hon Finance Minister announced incentive schemes tied to employment in the previous budget, but these have not yet been put into action. There is a pressing need for the formal introduction of these employment-linked incentive schemes as soon as possible. Additionally, there is a demand for clear guidance on the timeline and process for the enactment of the new central labour codes.
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SANJAY SARKAR
1 year 6 months ago
India's retail market is growing fast, with an expected annual growth rate of 9% from 2019 to 2030. It's predicted to jump from $779 billion in 2019 to $1.4 trillion by 2026, and then to more than $1.8 trillion by 2030. The “direct selling” market is also on the rise, likely to hit $7.77 billion by 2025. During the festive season from October 7 to December 1, 2024, India's retail market grew by 7% compared to the same time in 2023.
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SANJAY SARKAR
1 year 6 months ago
the Union Budget 2025 is a ray of hope for India, and specially for India’s consumer and retail sector, which is a major force and driver for the country's GDP and job market. To encourage growth, it's important to make changes that increase and promote private and public spending, encourage formalisation of the sector more, and make it easier to do business in India.
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