Business

India's Budget 2025: FM Nirmala Sitharaman Announces Makhana Board in Bihar to Boost Foxnut Production

Union Finance Minister Nirmala Sitharaman's Bold Move for Bihar

In a significant announcement during the Union Budget 2025 presentation, Finance Minister Nirmala Sitharaman proposed the establishment of a Makhana Board in Bihar. This initiative aims to enhance the production and processing of foxnuts, a staple widely produced and consumed in the region. Emphasizing the government's focus on 'garib, youth, annadata, and nari', Sitharaman's proposal underscores a commitment to agricultural development and economic empowerment.

Union budget 2025: FM Nirmala Sitharaman proposes Makhana Board in Bihar

Budget 2025 Highlights and Future Plans

The budget also outlined plans for setting up 50,000 Atal Tinkering Labs over the next five years, signaling a strong push towards innovation and education. Furthermore, the announcement of a new urea plant in Assam, with an annual production capacity of 12.7 lakh metric tons, marks a significant step towards boosting fertilizer production and supporting the agricultural sector.

With the Indian economy being the fastest-growing among major global economies, the budget focuses on accelerating growth, securing inclusive development, and enhancing the spending capacity of India's expanding middle class. The finance minister's vision for the next five years is to realize 'Sabka Vikas', stimulating balanced growth across all regions.