Finance Minister Nirmala Sitharaman announced significant economic improvements during her parliamentary address on Monday. Government initiatives successfully reduced national unemployment from 6 percent to 3.2 percent across six years. Inflation rates dropped to their lowest point in six years through strategic policy implementation. The administration implemented multiple programs targeting job creation and price stability for citizens.
Consumer Price Index measurements show inflation declining from 5.4 percent in 2023-24 to 4.6 percent in 2024-25. Food price inflation turned negative at 1.06 percent during June 2025, marking the lowest rate since January 2019. The government raised income tax exemptions to Rs 12 lakh annually, boosting household spending power. Free grain distribution reached 81 crore beneficiaries under national food security programs. Employment schemes like the Prime Minister's Employment Generation Programme and rural development missions expanded job opportunities nationwide.
Consumer Price Index measurements show inflation declining from 5.4 percent in 2023-24 to 4.6 percent in 2024-25. Food price inflation turned negative at 1.06 percent during June 2025, marking the lowest rate since January 2019. The government raised income tax exemptions to Rs 12 lakh annually, boosting household spending power. Free grain distribution reached 81 crore beneficiaries under national food security programs. Employment schemes like the Prime Minister's Employment Generation Programme and rural development missions expanded job opportunities nationwide.
