Budget fails to enthuse markets: How the Budget affects key sectors

EY India takes a look at how top stocks fared on Thursday when Finance Minister Nirmala Sitharaman presented the Interim Budget for FY25

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Sector Watch

How the Budget affects key sectors

Infrastructure

l Focus on comprehensive development of airports under Udan scheme

l Focus on expansion of Metro rail to promote urban transformation

l Target to enable 10 million households to obtain 300 units of electricity per month through rooftop solarisation

l Implementation of three key economic railway corridor programmes for multi-modal connectivity

l Middle-Class Housing scheme to be launched to encourage home ownership 

l Distribution of input tax credit on common services made mandatory through ISD registration

Automotive
 

l Impetus to strengthen electric vehicle ecosystem via domestic manufacturing and building charging infrastructure

l Increase in Budget allocation of PLI schemes for automobiles & auto components

l Distribution of input tax credit on common services (including under reverse charge) made mandatory through ISD registration

Pharmaceutical

l Focus on vaccination for girls between age group of 9 and 14 years for prevention of cervical cancer

l U-WIN platform for managing immunisation and vaccination programmes to be rolled out

l Comprehensive programme for synergy in implementation of maternal and childcare

l Plan to set up more medical colleges

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