<h1>Union Budget Boosts Infrastructure, Digital Economy, and SMEs to Propel India Toward $5 Trillion Economy with New Initiatives.</h1> The Union Budget emphasizes significant investment in infrastructure, the digital economy, and job creation in small and medium enterprises to propel India towards a $5 trillion economy. Key proposals include public-private partnerships in railways, development of state road networks, and initiatives in civil aviation to make India a hub for aircraft financing. The budget allocates Rs. 350 crore for MSMEs under an interest subvention scheme and introduces a payment platform to reduce payment delays. Additionally, reforms in the power sector and housing, including a Model Tenancy Law, are planned. The Pradhan Mantri Karam Yogi Maandhan Scheme will extend pension benefits to small traders.