Budget 2026 sharpens India's self-reliance push with targeted funds, liquidity support and platform reforms to help MSMEs scale, export and anchor future growth
To hold the fiscal deficit at 4.4% of GDP, the Centre trims spending and shifts to a debt-anchored framework for greater policy flexibility amid global risks
Each drape, border and weave has echoed the fiscal moment-tight seams in lean years, bolder colours in recovery, steadier textures as India's economic story unfolded, measured carefully in six yards
Opposition MPs coming out of the Lok Sabha after the speech said they saw little evidence in the Budget to mitigate the crisis Indian exporters were facing in the current geo-political environment
Experts say announcements focus on sustenance of growth, resilience
There is a clear and consistent focus on green energy, particularly solar, which aligns with India's long-term energy transition goals, he said
Budget 2026 converts MAT into a final levy at 14 per cent, limits MAT credit utilisation, and extends exemptions for non-residents to encourage a shift to the new concessional corporate tax regime
Finance Minister Nirmala Sitharaman and top officials explain the thinking behind Budget 2026-27, from record capex and tax reforms to disinvestment and global risks
Share of Customs duty collections declined in central tax receipts despite the government resorting to raising tariffs
FM Sitharaman tightens fiscal deficit target at 4.3% of GDP
Reforms for new world order Expansion advances, safety retreats
Key figures on revenue, expenditure, fiscal deficit and market borrowings from the Union Budget
Union Budget for 2026-27 lines up new high-speed rails, freight corridor
With a sharp rise in skilling and labour allocations, Budget 2026-27 focuses on aligning education with industry needs, boosting services-led employment, and preparing youth for emerging roles in the
Opposition parties, including ruling dispensations in poll-bound West Bengal, Kerala, Tamil Nadu, said the Budget fails on economic strategy, worsens fiscal stress on states, and undermines federalism
Biopharma Shakti initiative to tackle burden of non-communicable diseases, turn India into global, innovation-led hub
Budget targets 10% global services share by 2047
To create incentives for privatisation, the panel said private investors need to be shielded from the accumulated debt burden after discom takeover
Finance Minister Nirmala Sitharaman stressed youth-led growth, SME capacity building and region-specific measures, seeking to address trade challenges while signalling outreach to poll-bound states
Southern states are projected to get a marginal increase