Union Budget 2025 Analysis – Tarun Sawhney, Vice Chairman and Managing Director, Triveni Engineering & Industries

by 01 Feb 2025
1 min read
245 views

The Union Budget 2025 reaffirms the Government’s unwavering commitment to creating a ‘Viksit Bharat,’ with a strong focus on Garib, Youth, Annadata, and Nari. The budget has laid the foundation for a more inclusive and sustainable future by strengthening India’s agricultural ecosystem and accelerating the nation’s clean energy transition.

The introduction of the Dhan Dhanya Krishi Yojana is a landmark step in recognizing agriculture as the first engine of growth. The upliftment of 100 districts will drive inclusive agricultural growth, benefiting 1.7 crore farmers through improved, better financial access, and enhanced post-harvest infrastructure. With sugarcane being a vital contributor to India’s agrarian economy, such interventions will further empower farmers by enabling sustainable farming practices.

Furthermore, the launch of the National Mission on High-Yielding Seeds is also a transformative initiative that will improve crop productivity and resilience. Given the intensity of climate change, this initiative is now more important than ever, ensuring greater food security and income stability for farmers. Enhancing financial support through Kisan Credit Cards (KCC) and boosting agri-based entrepreneurship, particularly in food processing, will create new opportunities for rural communities and bolster value addition in the sector.

Water conservation and responsible wastewater management remain crucial for the country, and the extension of the Jal Jeevan Mission till 2028, aiming to achieve 100% coverage of potable tap water connections across rural households is a welcome move. Additionally, the Government plans to sign separate MoUs with states and union territories to ensure the sustainability and efficiency of water service delivery, reinforce its commitment to a water-secure future for all.

As a leading player in sugar, ethanol and water management, our Company remains dedicated to advancing these national priorities. With a sharp focus on circular economy principles, we will continue to work alongside farmers, policymakers, and industry partners to build a greener, more self-reliant India.