<h1>Union Budget 2025-26: Transforming India into a Developed Nation by 2047 with Economic Growth and Tax Relief Initiatives</h1> The Union Budget 2025-26, discussed in the Rajya Sabha, is part of a strategic plan to transform India into a developed nation by 2047. A BJP leader highlighted the budget's role in fostering innovation and economic growth, aiming for India to become the fourth largest economy by 2026 and achieve a USD 5 trillion economy. The budget includes initiatives for railways, urban development, and education, benefiting marginalized groups. It also offers income tax relief and supports consumption through a repo rate cut. A Shiv Sena member praised the budget for reducing compliance burdens and enhancing export readiness for Indian companies.