The budget focuses on initiatives to boost manufacturing in India such as Make in India which aims to facilitate investment and foster innovation in key sectors. It provides benefits like job creation, investment attraction, and cheaper domestic manufacturing. Key points include reducing income tax on royalties and technical fees to 10% to support tech startups, increasing defense budget allocation, and raising clean energy cess to fund clean environment initiatives. The budget also aims to achieve self-sufficiency in energy through new mega projects and faster adoption of electric vehicles.