The Yuva Morcha Lakshadweep has expressed its strong support for the Union Budget 2025, presented by Union Finance Minister Nirmala Sitharaman. The youth organization hailed the Budget’s vision for India’s marine sector, with a special emphasis on the Andaman and Nicobar Islands and Lakshadweep.
Budget Highlights for Lakshadweep
According to an official statement, the Union Budget 2025-26 has been lauded for its forward-thinking approach, particularly focusing on sustainable fisheries and marine resource utilization. India is already the world’s second-largest producer of fish, with seafood exports valued at ₹60,000 crore. The government’s strategic plan includes developing the Exclusive Economic Zone (EEZ) and the high seas to ensure the sustainable harnessing of fisheries, with particular attention given to the Andaman and Nicobar Islands and Lakshadweep.
Empowering Island Communities
The statement from Yuva Morcha emphasized that the Budget represents a major victory for island communities, acknowledging their unique challenges and vast potential. The focus on sustainable fisheries is expected to generate substantial employment opportunities, entrepreneurship, and contribute to community welfare in these regions.
Mohammed Salih PM, President of Yuva Morcha Lakshadweep, expressed appreciation for the government’s efforts, noting that these reforms reflect a clear roadmap for the development of island communities. He stated, “The Modi government’s approach is paving the way for a bright future for Lakshadweep, with long-lasting benefits for the people.”
Tax Reforms Benefiting the Middle Class
In addition to the marine sector reforms, Budget 2025-26 introduces a game-changing tax reform that benefits the middle class. The new tax regime will exempt individuals from paying income tax on earnings up to ₹12 lakhs per year. This initiative aims to increase financial independence, promote savings, and boost overall consumption.
A Progressive Future for Lakshadweep and India
The Yuva Morcha expressed strong belief that this Budget marks the beginning of a progressive, inclusive future for both Lakshadweep and India. The island communities, which have long been neglected, are now receiving much-needed attention. The youth body reiterated its commitment to supporting the government’s push for reforms that promise long-term prosperity for the region.
Conclusion
The Union Budget 2025 represents a monumental step toward empowering island communities and boosting India’s marine sector. Yuva Morcha’s endorsement underscores the importance of sustainable growth, job creation, and inclusive development for Lakshadweep and similar regions across India.
