Introduction
Precis writing is a crucial skill in the NPS Grade A 2025 Descriptive English paper, especially when dealing with financial and policy documents like the Union Budget 2025. Given the complexity and length of the budget speech, summarizing it effectively while retaining key details requires strategic planning. This guide will help you master precis writing by focusing on the Union Budget 2025 as an example.
What is Precis Writing?
Precis writing involves summarizing a passage in a concise form while maintaining its essential meaning. It requires brevity, clarity, coherence, and objectivity. The precis should convey the core message of the original text without unnecessary details or personal opinions.
Steps to Write an Effective Precis of the Union Budget 2025
1. Understand the Union Budget 2025
Before summarizing, carefully read through the highlights of the Union Budget 2025. Identify the major themes, policy changes, economic measures, and fiscal allocations.
2. Identify Key Points
Focus on the following sections:
- Economic Growth & GDP Forecast
- Taxation Policies (Direct & Indirect Taxes)
- Fiscal Deficit and Expenditure Plan
- Sector-Wise Allocations (Agriculture, MSME, Infrastructure, etc.)
- Welfare Schemes and Social Security Measures
- Financial Market Reforms
3. Eliminate Redundant Information
Avoid detailed explanations, statistics, or political justifications. Your precis should retain only essential facts and figures that contribute to the overall understanding of the budget.
4. Maintain Logical Flow
Your summary should be structured in a way that maintains the logical sequence of the budget speech. Typically, begin with economic projections, followed by policy decisions, and conclude with fiscal implications.
5. Use Clear and Concise Language
Avoid long sentences and jargon. Use simple yet precise vocabulary to convey the budget’s essence without altering the original intent.
Sample Precis of Union Budget 2025
Original Passage (Excerpt from Budget Speech 2025 – 200 words) “The government is committed to achieving a 7.5% GDP growth in the next fiscal year, with a special focus on infrastructure development, green energy, and digital transformation. A budget allocation of ₹10 lakh crore has been made for infrastructure, which includes investments in smart cities, expressways, and railway modernization. To support MSMEs, a credit guarantee scheme of ₹2 lakh crore has been introduced, ensuring easier access to capital. Additionally, tax reforms include a reduction in personal income tax rates and an increase in capital gains tax to balance revenue collection. The fiscal deficit is projected to be 5.8% of GDP, with measures in place to bring it down to 4.5% in the next three years. The government has also introduced a universal healthcare scheme with an allocation of ₹1.5 lakh crore to improve medical facilities across the country.”
Precis (70 Words) “The Union Budget 2025 aims for 7.5% GDP growth, focusing on infrastructure, MSMEs, and green energy. ₹10 lakh crore is allocated for infrastructure, while a ₹2 lakh crore credit guarantee scheme supports MSMEs. Tax reforms include lower personal income tax but higher capital gains tax. The fiscal deficit is 5.8%, targeted to reduce to 4.5% in three years. A ₹1.5 lakh crore universal healthcare scheme is introduced.”
Tips for Writing a Budget Precis
- Stick to the core message – avoid political rhetoric.
- Use numbers selectively – include only critical figures.
- Ensure neutrality – do not add opinions or interpretations.
- Follow word limits strictly – the precis should be 1/3rd of the original passage.
Conclusion
Mastering precis writing for financial documents like the Union Budget 2025 enhances your analytical and summarization skills, essential for the NPS Grade A 2025 Descriptive English exam. Practice summarizing official reports, economic surveys, and RBI policies to build precision and clarity in your writing.