Pre Budget Quote by Mr. Sunder Ram, Co-Founder, Hejje:
"HEJJE is hopeful that the 2025 Budget will significantly strengthen the healthcare sector, driving economic growth and sectoral advancement. We expect the government to allocate 2.5-3% of GDP to healthcare, as recommended by the National Health Policy, prioritizing infrastructure upgrades, hospital bed capacity, and diagnostic services in underserved regions. Tax reforms to enhance affordability and accessibility are critical for equitable care. We also anticipate increased funding for preventive healthcare through awareness campaigns and programs to ease the burden of chronic diseases. Policies focusing on transition care, holistic recovery, and personalized treatments will improve patient well-being. With strategic investments and reforms, this budget can transform healthcare into a cornerstone of economic progress and societal health."
Mr. Dhaval Barot, Managing Director of Bharat Realty.
"The real estate sector has much to look forward to in FY 2025-2026. The industry expects that the government will fulfill much-needed demands for the betterment of the sector. Hopefully, the Union Budget will finally grant industry status to the real estate sector, benefiting from streamlined regulation and access to institutional funding. It would also increase investor confidence, helping sell luxury homes.
The appetite for home buyers is growing, and decreasing interest rates on home loans can encourage and nurture this hunger. The sector remains confident in the performance of the market, providing that the Union Budget 2025 benefits both real estate companies and buyers."
Mr. Satyen Momaya, CEO, Celio India on the expectations of the Indian Union Budget 2025-2026:
"The retail sector has immense potential to drive India's growth and employment. To harness this, we urge the government to boost consumer demand by reducing individual income tax and interest rates.
The apparel and lifestyle retail segment, impacted by subdued demand over the last 12-18 months and inflation, would greatly benefit from retaining the current GST slabs, especially for products priced at ₹1,000 and above.
We also anticipate the swift implementation of a National Retail Policy to streamline operations and foster long-term growth. These measures will enable the retail sector to contribute meaningfully to economic progress and job creation across the country"
Mr. Dheeraj Arora, Managing Director & CEO, Hygienic Research Institute Pvt. Ltd.(HRIPL) on the expectations of the Indian Union Budget 2025-2026:
“The Union Budget 2025-26 holds the potential to be a game-changer, particularly for tax reforms that position India as a leading global economic force. We anticipate a strategic focus on boosting private consumption and modestly enhancing investment activity, which can act as critical growth pillars amidst global uncertainties. Measures addressing structural supply-chain challenges, incentivizing domestic production, and reducing delivery costs will not only bolster growth but also empower India's economic resilience.”
Mr. Rohit Gupta, Vice President-Finance, Hygienic Research Institute Private Limited(HRIPL) on the expectations of the Indian Union Budget 2025-2026:
“In light of global trade volatility, the upcoming Union Budget is expected to prioritize initiatives that enhance the competitiveness of Indian exports. Steps such as tariff rationalization, duty exemptions, and effective remission schemes could significantly lower export costs, enabling India to solidify its global trade footprint. Additionally, with elections behind us, we foresee government spending accelerating in FY 2025, creating a conducive environment for long-term agricultural value chain development and industrial growth.”
Sher Singh Rathore -Founder of BRIC-X INFRA PVT. LTD
"As India continues facing urbanization and increased demand for housing, the real estate sector awaits more incentives from the 2025 Union Budget to fuel growth. Affordable housing, infrastructure development, and sustainability remain key expectations. The industry will benefit from the continuance of tax advantages for low-cost house developers, and there could also be additional funding for schemes like Pradhan Mantri Awas Yojana, and PMAY, which would remain a core initiative to fill up the country's housing deficit.
We expect the government to introduce measures to make home loans more accessible, especially to middle-income and first-time homebuyers as interest rates are stabilizing and inflationary pressures are expected to ease. The sector expects direct support through rebates under income tax or reduced GST rates on residential properties further nudging home ownership.
Other critical expectation areas include encouraging eco-friendly and sustainable building practices. The Budget is expected to outline tax incentives to developers, incorporating eco-friendly technologies such as energy-efficient designs and materials. Simplifying regulating processes alongside incentives to redevelop old, underutilized properties would spur city regeneration and renewal.
We expect the 2025 Budget to continue with the initiatives from the previous year and to further continue creating an environment geared towards affordable housing and sustainable development as well as modernization in India's real estate."
