The Student Panel Discussion on the Indian Union Budget 2025-26: An Insightful Exploration of Fiscal Policies and Their Societal Impact

Student Panel Discussion on the Indian Union Budget 2025-26: An Insightful Exploration of Fiscal Policies and Their Societal Impact:-

The Indian Union Budget is an annual event that significantly impacts the country’s economy and its various sectors. It is a comprehensive document that outlines the government’s financial plans for the upcoming fiscal year. The Student Panel Discussion on the Indian Union Budget 2025-26, organized by the School of Business Studies at Jigyasa University in collaboration with the Mudra Club, aims to foster critical thinking, economic literacy, and awareness of fiscal policies among students.

In this blog, we will explore the objectives of the event, the topics discussed, and how such events can contribute to the holistic development of students. We will also delve into the importance of understanding the impact of the budget on key societal segments such as Garib (the poor), Yuva (youth), Annadata (farmers), and Nari (women).

 

• Event Overview: Bridging the Gap Between Policy and Society

The Indian Union Budget 2025-26 is a pivotal document for the country’s economic future. It influences various aspects of life, from taxation to government spending, social welfare programs, and infrastructural projects. The Student Panel Discussion provides a platform for students to critically evaluate and analyze the impact of these policies on different societal groups.

Moderated by Diya Bahuguna, a second-semester MBA student, and coordinated by Kritika Joshi, also an MBA 2nd semester student, this event brings together a panel of informed and engaged students. The discussion is designed to enhance participants’ understanding of fiscal policies and how they affect different demographic groups and economic sectors.

 

• Key Objectives of the Panel Discussion

1. Promoting Critical Thinking: The primary goal of this panel discussion is to foster critical thinking and analytical skills among students. By engaging with the Indian Union Budget 2025-26, students will learn how to evaluate fiscal policies from various perspectives, including social, political, and economic angles.
2. Enhancing Financial Awareness: Financial literacy is essential in today’s rapidly evolving world. This event aims to improve students’ understanding of budgetary policies and financial strategies that shape the country’s economic landscape.
3. Empowering the Next Generation of Leaders: By discussing the implications of the budget on different societal groups, students will be better equipped to engage with real-world fiscal issues, preparing them for leadership roles in business, governance, and social impact.
4. Fostering Knowledge Exchange: The event provides a collaborative platform where students can exchange ideas, insights, and diverse perspectives on national financial planning. This dialogue encourages intellectual growth and broader perspectives on economic challenges.

 

Participation Details:

• Total Attendees: 34
• Male Participants: 13
• Female Participants: 21

 

• Impact on Key Societal Segments

The Union Budget touches every aspect of society. The discussion will focus on four crucial groups: Garib (the poor), Yuva (youth), Annadata (farmers), and Nari (women). Each of these groups faces unique challenges, and understanding how the budget addresses their needs is vital.

 

1. Garib (The Poor)

The poor make up a significant portion of India’s population, and fiscal policies targeting their welfare are critical for inclusive growth. In the 2025-26 budget, we can expect to see increased allocations for poverty alleviation programs, healthcare, education, and housing. The panel will discuss how these initiatives might impact poverty reduction efforts and whether they effectively reach the grassroots level.

• Increased government spending on social welfare: Programs like direct cash transfers, food security schemes, and subsidized healthcare.
• Infrastructure projects for rural development: How improved infrastructure might positively affect the livelihoods of the poor.
• Access to affordable healthcare and education: The panel will discuss how budgetary provisions for these sectors can improve the quality of life for the poor.

 

2. Yuva (Youth)

The youth demographic represents India’s future, and their needs must be prioritized for long-term economic success. The 2025-26 Union Budget may introduce measures for skill development, education reforms, job creation, and entrepreneurship opportunities for young people.

• Investments in skill development: Budgetary allocations for vocational training, upskilling initiatives, and online education platforms will be crucial to equipping the youth with relevant skills.
• Promoting innovation and entrepreneurship: The panel will examine how the budget addresses the needs of young entrepreneurs and fosters innovation-driven growth.
• Job creation and support for startups: With a growing population of young job seekers, understanding how the budget tackles employment and self-employment will be key.

 

3. Annadata (Farmers)

The agriculture sector continues to be the backbone of India’s rural economy. Policies that address the needs of farmers—whether through subsidies, loan waivers, or technological advancements—are a crucial part of the Union Budget. The panel will explore how the budget prioritizes the welfare of farmers and ensures that they are not left behind in the country’s economic transformation.

• Agricultural reforms and subsidies: The panel will discuss measures to enhance agricultural productivity and provide support for farmers, particularly in times of crisis.
• Technological advancements: How investments in Agri-tech can improve crop yields, market access, and farmer incomes.
• Water management and sustainable farming practices: The role of the budget in promoting sustainable farming and improving water conservation strategies.

 

4. Nari (Women)

Gender equality remains a critical issue in India’s economic growth narrative. The Union Budget’s provisions for women’s empowerment, safety, education, and health will be discussed by the panel, with a focus on policies that promote women’s participation in the workforce and leadership positions.

• Women-centric welfare programs: The budget often introduces schemes aimed at improving women’s access to healthcare, education, and financial independence.
• Financial inclusion: How the government’s initiatives to promote women’s entrepreneurship and access to loans are likely to help women become self-reliant.
• Social protection and safety measures: Budgetary provisions for improving women’s safety, both in urban and rural areas, will be a crucial topic of discussion.

 

  Conclusion: The Future of Indian Budgeting

The Student Panel Discussion on the Indian Union Budget 2025-26 offers a comprehensive platform for students to critically engage with the policies that shape their future. By analyzing the budget’s impact on various societal segments such as Garib (the poor), Yuva (youth), Annadata (farmers), and Nari (women), participants gain valuable insights into how fiscal policies translate into real-world implications. These discussions not only enhance students' financial literacy but also prepare them for future roles in business, governance, and social impact.

As the next generation of leaders, students participating in such discussions will be better equipped to navigate complex economic landscapes, make informed decisions, and contribute to the country's growth and development.

Dr. Vivek Devvrat Singh -Associate Dean of SBS

Dr. C.D. Bhatt