Budget 2026

India falls short on strategic oil reserves funding amid West Asia crisis

India's strategic oil reserve spending in FY26 is set to reach only 18% of the Budget estimate, even as West Asia tensions disrupt supply and highlight vulnerabilities in the country's energy security

Delhi govt to fund ₹1,03,700 crore budget via revenue, RBI market borrowing

The Delhi government will finance its highest-ever budget, tabled by Chief Minister Rekha Gupta on Tuesday, through its own revenue pegged at Rs 74,000 crore and Rs 16,700 crore market borrowing through the RBI. The Budget Estimates in 2026-27 of Rs 1,03,700 crore is Rs 3,700 crore higher than the Rs 1,00,000 crore BE in 2025-26, an increase of 3.7 per cent. It will be the first time that the Delhi government will source budget funds through market borrowing. In January this year, the Delhi government signed an MoU with the Reserve Bank of India (RBI), under which the central bank serves as the banker, debt manager and financial agent of the government. The agreement enables market borrowing through state development loans, automatic investment of surplus cash, professional cash management and access to low-cost liquidity facilities within the framework prescribed by the Centre and the RBI Act. Gupta had said that funds raised through market borrowings would be utilised exclusivel

Delhi Assembly receives bomb threat ahead of presentation of budget

Hours before Chief Minister Rekha Gupta's scheduled budget presentation at 11:30 am on Tuesday, the Delhi Legislative Assembly received a bomb threat, official sources said. The threat was received via an email to the assembly at 7:28 am, followed by another email sent to Speaker Vijender Gupta at 7:49 am. Soon after the bomb threat, security forces rushed to the spot and began carrying out checks and launched an investigation. "We have heightened security arrangements in and around the premises," a police source said. The email reportedly referred to several high-profile dignitaries, including Lieutenant Governor Taranjit Singh Sandhu, Chief Minister Rekha Gupta and Cabinet Minister Manjinder Singh Sirsa. Police and security agencies have launched a probe to trace the origin of the email, while thorough anti-sabotage checks are underway, the source added.

Himachal CM Sukhu tables ₹54,928-crore Budget for FY27 in Assembly

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday presented a Rs 54,928-crore Budget for 2026-27, with revenue deficit of Rs 6,577 crore and fiscal deficit of Rs 9,698 crore. Presenting his fourth Budget, Chief Minister Sukhu, who also holds the finance portfolio, said the Budget was focused on strengthening the rural economy, catering to the requirements of 'poorest among poor' and fulfilling the poll guarantees. The revenue receipts are estimated at Rs 40,361 crore in 2026-27, while revenue expenditure is expected at Rs 46,938 crore, and the total deficit is pegged at Rs 6,755 crore. The Budget for 2026-27 pegs fiscal deficit at Rs 9,698 crore, or 3.49 per cent of the State Gross Domestic Product. As per the Budget, for every one rupee, 44.14 paisa would be spent on general services, 31.46 paisa on social services, 11.29 paisa on economic services, 5.62 paisa on capital expenditure, 8.81 paisa on repayment of loans and 1.56 paisa on subsidies. Out of Rs 100, a

Himachal CM Sukhu presents ₹54,928 crore budget for 2026-27, flags RDG hit

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Saturday presented Rs 54,928-crore budget for the financial year 2026-27 in the state assembly. Sukhu, who was presenting his fourth budget, started his speech by saying that the discontinuation of the revenue deficit grant (RDG) has impacted the annual budget and accused the BJP for not supporting the state's interests. "The opposition BJP has not sided with the state in these hard times and history will never forget them," Sukhu said, drawing immediate reaction from the BJP members. The BJP took exception to the language and raised slogans after moving into the well of the House. As the sloganeering continued, the speaker adjourned the House till 11.30 am after which the BJP members moved out of the House, though the Congress MLAs remained seated. Minutes later, BJP members returned and continued raising slogans while the chief minister continued the budget speech. He said conflicts around the world have started impactin

'Every promise fulfilled': Punjab FM presents ₹2.60 trn budget for FY27

Every promise made to the people of Punjab has been fulfilled, Finance Minister Harpal Singh Cheema said on Sunday as he presented the state's budget for 2026-27 with an allocation of Rs 2,60,437 crore. This is the last budget of the AAP government in Punjab before it goes to polls early 2027. Presenting the budget in the state assembly, Cheema said this budget is dedicated to mothers and daughters of Punjab - a tribute to their strength and a celebration of their invaluable contribution to the society and future. He said the state government's fifth budget marks a defining moment in its journey of governance. "When the people of Punjab voted for change in March 2022, they did so with that same spirit - rejecting hollow politics and demanding a government that would be honest in intent, firm in resolve and decisive in action. Our vision of a 'Rangla Punjab' emerged from this moral foundation," he said. In his address, Cheema also acknowledged the courage and resilience shown by th

PM urges industry to boost investment, prioritise R&D, quality to tap FTAs

Prime Minister Narendra Modi on Tuesday urged industry leaders to step up investments, embrace emerging technologies and prioritise research to help India Inc fully leverage the vast opportunities offered by free trade agreements with various nations. "The days of cutting corners in research are over. We must now make substantial investments in research and development and ensure that our products meet global quality standards. Now we have got opportunities to move forward, so we should have only one mantra - Quality, Quality, Quality," he said while addressing a second webinar on Budget 2026-27. Stressing that India has entered into free trade agreements with numerous countries, he said, these agreements have opened up a wide range of opportunities for the country. "In such a situation, he said, "our responsibility is that we should never compromise on quality." Today, the world is seeking reliable and resilient manufacturing partners, he said, adding that India has a strong ...

Haryana CM presents ₹2.23 tn budget for FY27, announces capex of ₹28,205 cr

Haryana Chief Minister Nayab Singh Saini on Monday presented the state's budget for the financial year 2026-27 with an outlay of Rs 2.23 lakh crore, up 10.28 per cent from the revised allocation of Rs 2.028 lakh crore in the current fiscal. Presenting the budget in the state assembly here, Saini, who also holds the finance portfolio, said 5,000 suggestions were received from various quarters, and these have been incorporated in the budget. Saini said his government has fulfilled 60 out of 217 promises made in his party's poll manifesto. Sharing details of the budget proposals, the chief minister announced a capital expenditure of Rs 28,205 crore for 2026-27, which is 12.6 per cent of the total allocation. He further said the World Bank has approved Rs 2,716 crore of financial assistance for the 'Haryana Clean Air Project'. Among new proposals, the budget has proposed setting up a 'Haryana Agri Discom' - a third power distribution company that would provide electricity to all 5,084

Budget reforms, capex allocation steps towards achieving Viksit Bharat: PM

In a post-Budget webinar, PM Modi said the government has sharply increased capital expenditure over the past decade, focusing on infrastructure growth and the creation of new opportunities

BS Manthan: Sitharaman flags fund utilisation gap, cautious on China FDIs

FM Sitharaman says political choices affect fund usage, defends calibrated disinvestment, and reiterates cautious stance on Chinese investment and BITs while backing domestic reforms

Data Patterns soars 41% in one month, nears record high; here's why

Share price of Data Patterns (India) rallied 9.5 per cent today to hit a high of ₹3,190 on the NSE in the intraday trade

Revitalising PPPs: Reset required to unlock India's infrastructure push

With public finances stretched and infrastructure needs rising, reviving well-designed PPPs is essential to mobilise private capital, manage risk better and deliver India's next growth phase

Partnered prosperity in a Globalist Gambit: Mapping India's trade ascent

The past months have witnessed trade deals with economic giants augmenting investor-friendly confidence in India's global trade agenda

Budget 2026 shifts focus to allied sectors as farm economy diversifies

Despite criticism over gaps in farm support, Budget FY27 sharply raises allocations for fisheries, animal husbandry and cooperation, underlining the growing role of allied sectors

Madhya Pradesh's ₹4.38-trn Budget focuses on farmers and women's welfare

Madhya Pradesh has presented a ₹4.38 trillion Budget for 2026-27, with major allocations for farmers, women, rural development and infrastructure, while avoiding new taxes

Allocations for women, children jump 11.55% to ₹5.01 trn in Budget 2026

Allocation for women and girls under various schemes has increased by 11.55 per cent to Rs 5.01 lakh crore in 2026-27, up from Rs 4.49 lakh crore in the previous financial year as per the Gender Budget Statement (GBS) released by the government. Gender budget statement includes allocations for schemes exclusively for women and girls, as well as proportion of spending in broader schemes that benefit them, bringing together total allocations across ministries aimed at promoting gender equality. The share of allocation of gender budget in the Union Budget has also risen to 9.37 per cent 2026-27 from 8.86 per cent, the Ministry of Women and Child Development said in a statement on Wednesday. The allocations were announced as part of the Union Budget 2026-27, which was presented in Parliament by Finance Minister Nirmala Sitharaman on February 1. A total of 53 ministries/departments and five Union territories have reported allocations in the gender budget this year -- compared to 49 ...

MP Budget 2026-27 sets ₹4.38 trillion outlay, big push for women

Madhya Pradesh Finance Minister Jagdish Devda on Wednesday tabled the state's "women-centric" budget for 2026-27 with an outlay of Rs 4,38,317 crore, and said no new taxes would be imposed. Devda presented the Mohan Yadav government's third consecutive budget amid interruptions from the Opposition, which raised concerns over the "mounting debt" burden on the people of the state. In his nearly 90-minute speech, the finance minister said the budget is framed on the model "GYANII - Garib Kalyan (poor), Yuva Shakti (youth), Annadata (farmers), Nari Shakti (women empowerment), Infrastructure and Industry". Allocations of about 3 lakh crore have been made for these areas, he said. Devda announced provisions of Rs 1,27,555 crore for various women welfare schemes, including self-help groups and the Ujjwala Yojana. He said 5,700 hostels would be constructed for working women. The budget has provisioned Rs 23,883 crore for the 'Ladli Behna Yojana' under which over 1.25 crore women receive .

Madhya Pradesh FM Jagdish Devda presents ₹4.38 trillion budget for 2026-27

Madhya Pradesh Finance Minister Jagdish Devda on Wednesday presented the state budget for 2026-27 in the assembly, with a total outlay of Rs 4,38,317 crore. Devda tabled the budget amid interruptions from the Opposition, which raised concerns over the "mounting debt" burden on the people of the state. Earlier, chairing the cabinet meeting, Chief Minister Mohan Yadav said the 2026-27 budget is historic in many respects and a model of the resolve to move forward step by step, taking everyone along. This budget is dedicated to the welfare of the poor, youth, farmers and women as well as the expansion of industrial activities, he said. Before the budget presentation, Congress MLAs, led by Leader of the Opposition Umang Singhar, arrived in front of Mahatma Gandhi's statue in the legislature complex with 'empty piggy banks' and placards bearing slogans to protest against the government's economic policies. Singhar claimed the government's borrowing of Rs 5,600 crore even before the budg

Tamil Nadu earmarks ₹47,248 crore for Agriculture in interim FY27 Budget

The Tamil Nadu government has earmarked Rs 47,248 crore for the Agriculture Department in the Interim Budget for 202627, and welfare schemes for farmers will continue, Minister MRK Panneerselvam said on Tuesday. In 202526, the government had allocated Rs 45,661 crore, he said while presenting the Agriculture Budget in the State Assembly. The ruling DMK government, after assuming office in May 2021, introduced a separate Agriculture Budget for 202122. Panneerselvam said that, based on inputs received from various stakeholders, a total allocation of Rs 1.94 lakh crore has been made for the agriculture and allied sectors over the last five Agriculture Budgets. "As the agriculture sector forms the foundation of Tamil Nadu's economic growth, this government is making sustained and determined efforts to modernise the sector, enhance farmers' incomes, increase production and productivity, and ensure food and nutritional security," he said. The state minister for agriculture and Farmers'