Major Boost for Women and Child Development

Finance Minister Nirmala Sitharaman, in her presentation of the Union Budget 2025-26, announced significant increases in funding for women and child development initiatives. This includes a notable rise in allocations for programs aimed at combating malnutrition and strengthening early childhood care.

Tax Benefits Extended to NPS Vatsalya Accounts

In a move to support vulnerable communities, Sitharaman proposed extending tax benefits to NPS Vatsalya accounts, ensuring they receive the same advantages as regular NPS accounts within existing limits.

Increased Allocations for Key Programs

The Ministry of Women and Child Development (WCD) has been allocated Rs 26,889.69 crore, with significant portions directed towards Saksham Anganwadi and POSHAN 2.0. Mission Vatsalya and Mission Shakti also saw increased funding, aimed at enhancing protection for vulnerable groups and empowering women across the country.