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Finance Minister Nirmala Sitharaman can make 5 big announcements in the budget on February 1…
1. Income Tax: Income up to Rs 13 lakh is tax free
In the new income tax regime, standard deduction can be increased from Rs 75 thousand to Rs 1 lakh. With this, income of Rs 13 lakh of salaried people will become tax-free. Currently, income up to Rs 12.75 lakh is tax free.
Why can it be announced?
- Industry organization Confederation of Indian Industry i.e. CII has suggested to the government that it is necessary to leave more money in the hands of people to increase consumption. Increasing tax exemption will increase the purchasing power of the people. This will benefit the economy.
- The government wants to replace the old tax regime with the new tax regime. For this, it is important to keep the new tax regime beneficial. For this purpose, standard deduction can be increased for salary earners in the new regime.
Advantage: The money coming into the hands of the middle class will increase. A few thousand rupees can be saved in a month. This will be useful in spending, saving or investing.
2. Kisan Samman Nidhi: Annual amount may increase by 50%
The amount of PM-Kisan scheme can be increased from Rs 6 thousand to Rs 9 thousand annually. There is talk of increasing it for the last 3 years.
Why can it be announced?
- This amount has not changed since the launch of the scheme in 2019. In December 2024, the Parliamentary Standing Committee had recommended doubling it to Rs 12,000 annually.
- Farmer organizations say that the price of Rs 6 thousand being received since 2019 has reduced to Rs 5 thousand due to inflation. Therefore it should be increased to between Rs 8 thousand to Rs 12 thousand.
- In November 2025, the Bihar government had announced to give an extra Rs 3,000 to the farmers. With this, the farmers there will get a total of Rs 9 thousand. The Center can implement it all over India.
Mathematics of expenditure: At present about 11 crore people are getting Kisan Samman Nidhi. The central government spends 60 thousand to 65 thousand crore rupees every year on this. By increasing it to Rs 9 thousand annually, this expenditure will increase to around Rs 95 thousand crore annually.
Advantage: About 11 crore farmer families of the country will benefit from this. With the extra amount of Rs 3 thousand, farmers will be able to meet their minor farming needs.
3. Rail Infrastructure: 300+ new Amrit Bharat and Vande Bharat trains
The government wants to eliminate the waiting list for reservation by running new trains. In such a situation, more than 300 new Amrit Bharat and Vande Bharat trains can be announced.
In the last budget, Rs 2.65 lakh crore was allocated for Railways. This is the largest railway fund so far. This time also it is expected to increase.
Why can it be announced?
- The government wants to eliminate waiting list in train reservation by 2030. At present, there is a difference of about 20-25% between demand and seat availability in the peak season. For this, along with increasing trains, track expansion will also have to be done.
Advantage: About 2 crore people traveling in trains daily will benefit from this.
4. PM Surya Ghar Yojana: ₹ 80 thousand subsidy on 2 KW solar panel
In the budget, there may be an announcement to increase the subsidy on solar systems up to 2 kilowatt (KW) from Rs 30 thousand per kilowatt to Rs 40 thousand.
According to the current rules, on installing a 2 KW solar system, a total subsidy of Rs 30 thousand per kilowatt is available.
If the subsidy is increased by Rs 10 thousand per kilowatt in the budget, then a total subsidy of Rs 80 thousand will be available on 2KW solar system. That means saving of Rs 20 thousand.
Whereas for systems between 2 to 3 KW, the subsidy is Rs 18 thousand per kilowatt. For systems above 3 KW, the subsidy is capped at Rs 78 thousand.
Why may the announcement be made:
- The central government aims to connect 40 lakh homes to the solar grid by March 2026 and 1 crore homes by 2027. This scheme will help the government to achieve its target faster. By December 2025, more than 19.45 lakh panels have been installed.
Advantage: Due to increase in subsidy, families installing 2 KW system will directly save additional Rs 20 thousand. This will not only provide free electricity to the families, but they will also be able to earn by selling the excess electricity to the grid.
5. Ayushman Bharat: Benefit to all elderly people above 60 years of age
The government may increase the scope of Ayushman Bharat (PM-JAY) scheme. At present, elderly people above 70 years of age are getting the benefit of this scheme, which can be reduced to 60 years. Also, the annual free treatment limit of ₹5 lakh can be increased to cover the cost of serious diseases like cancer and heart surgery.
Why may the announcement be made:
- According to a report by Outlook, 82% of the elderly aged 60+ in India do not have any health insurance. However, Ayushman aged 70+ is covered. Elderly people between 60 and 70 years of age who do not have health insurance are forced to spend their savings for serious diseases. In such a situation, the government can provide relief to them.
Advantage: With the coverage of treatment being 60 years, crores of new families will join the scheme. At the same time, due to increase in the treatment limit, families will not have to take loans for major operations. Patients will be able to get free treatment even in big and specialist hospitals. Expenses of serious illnesses will be covered.
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