Indian Politics at Verge: Budget, Elections & Affairs

Indian politics is at a critical juncture. The Union Budget 2025-26 has been announced, elections in major states are approaching, and new political developments are generating controversies across the country. These trends will play a decisive role in shaping India’s future, particularly in terms of the economy, governance, and public welfare. People are eager to understand what lies ahead, as the nation stands on the brink of significant changes.

Budget 2025: Relief for the Middle Class and Farmers

The Union Budget for 2025-26 was announced on February 1, 2025, bringing relief to many, especially the middle class. One of its biggest highlights was the increase in the income tax exemption limit to ₹12 lakh per year. This means individuals earning up to ₹12 lakh annually will not have to pay any income tax under the new regime, allowing them to save more. This decision is expected to benefit a large section of the population and boost consumer spending.

Beyond tax relief, the budget places a strong focus on the agricultural sector. The government has introduced a new scheme, the Prime Minister Dhan-Dhaanya Krishi Yojana, to support farmers. Under this scheme, the credit limit for the Kisan Credit Card (KCC) has been increased to ₹5 lakh, enabling farmers to access larger loans and enhance agricultural productivity. The scheme is expected to benefit nearly 7 crore farmers, fishermen, and dairy producers across the country.

Another significant announcement in the budget is related to energy security. The government has allocated ₹20,000 crore for research on Small Modular Reactors (SMRs) under the Nuclear Energy Mission. This project aims to make India self-reliant in nuclear energy by 2033, reducing dependency on foreign energy sources.

Upcoming Elections: A Test for Democracy

The 2025 Delhi and Bihar assembly elections will be closely watched, as they will serve as a crucial indicator of public sentiment toward the current government and its policies. Both ruling and opposition parties will intensify their efforts to gain voter support and strengthen their political influence. The election results will reveal whether the public is satisfied with recent decisions or seeking a change in leadership.

In addition to state elections, Rajya Sabha elections will also take place this year. The Rajya Sabha plays a key role in passing legislation, and the outcome of these elections will influence the balance of power in Parliament for the years ahead. The composition of the Rajya Sabha will directly impact how policies are debated and enacted.

Affairs in the News: Welfare vs. Privacy Debate

Recent political developments have sparked significant controversy. One of the most debated issues is the distribution of political handouts—free goods or services provided by governments to gain public support. While these handouts offer short-term benefits, the Supreme Court has questioned their long-term economic impact. The court has called for more sustainable alternatives, warning that excessive handouts could create a class of parasite's; This has reignited the debate over the limits of welfare policies.

Another contentious issue is the newly proposed Income Tax Bill, which seeks to grant tax officials access to citizens; digital data, including social media and emails, to improve tax compliance. While the bill aims to curb tax evasion, it has raised serious privacy concerns. Many analysts argue that adequate safeguards must be in place to prevent misuse of this authority.

India stands at a crossroads. The recent budget, upcoming elections, and key political controversies will shape the nation’s future. The government’s focus on tax relief and farmer support reflects its commitment to fostering economic growth and welfare. However, maintaining a balance between welfare policies and fiscal sustainability, as well as ensuring privacy protection in new initiatives, remains equally crucial.

Elections provide citizens with a vital opportunity to voice their opinions and influence the nation’s trajectory. They serve as a reminder that every vote counts and plays a role in shaping India's future. As the country continues to evolve, it is essential for people to stay informed and make decisions that contribute to progress and inclusive growth.

By Kajal Bawa

(KPP News)