Union Finance Minister Nirmala Sitharaman is gearing up to present the Union Budget for the financial year 2024-25 in the Lok Sabha on July 23. The budget expectations are high, with various sectors putting forth their demands. The Indian Space Association has proposed recommendations to enhance the country's space industry, emphasizing financial incentives and strategic government backing. Additionally, plans for Blue Economy 2.0 have been revealed, focusing on climate-resilient activities and sustainable development in coastal regions, while also targeting net-zero carbon emissions through initiatives like solarizing rooftops and utilizing offshore wind energy. Support for defence startups has been boosted with a new deep-tech scheme, showcasing the government's dedication to promoting innovation and aiding these entities. The Modi government aims to encourage economic growth by introducing tax incentives to boost exports of key items and exploring new market opportunities in regions like the Middle East and Africa. With India's economy projected to grow around 7% in fiscal 2025, there is optimism surrounding the potential impact of the upcoming budget on innovation, economic development, and the startup ecosystem.