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Below the Union Budget 2025 Reaction by Rajiv Sabharwal, MD & CEO, Tata Capital

“The Union Budget FY26 lays a strong foundation for inclusive growth, financial empowerment, and long-term economic resilience. With enhanced credit access for MSMEs and startups, alongside targeted support for exporters and underrepresented entrepreneurs, including women and marginalized groups, the government is fostering entrepreneurship and driving a more equitable, self-reliant economy.

The extension of tax relief is poised to boost consumer confidence, while initiatives like SWAMIH Fund 2 aim to address housing challenges, offering relief to middle-class homebuyers managing EMIs and rent. These measures will stimulate demand, unlock growth in the real estate industry, and help meet the housing needs of a growing population.

The increased capital expenditure signals a clear commitment to infrastructure-driven growth, job creation, and India’s competitiveness, further aligning with the vision of Viksit Bharat through efficient capital allocation to key sectors.”

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