Page 4 - Union Budget

A long-game Budget: FM pushes capability-building for growth resilience

FM Sitharaman tightens fiscal deficit target at 4.3% of GDP

Budget at a glance: Here're the key numbers from Union Budget 2026

Key figures on revenue, expenditure, fiscal deficit and market borrowings from the Union Budget

Budget 2026: Indian Railways to see record capex of ₹2.92 trillion in FY27

Union Budget 2026-27 raises Indian Railways' capital outlay to a record Rs 2.99 lakh crore, outlining new high-speed rail corridors, a fresh east-west freight corridor

Budget 2026: Confident yet anxious amid global and domestic uncertainty

The Budget has indeed woken up the sleeping markets, just not the way the government's fans would have expected

Budget 2026: Skilling, education and job creation at centre of growth plan

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

Union Budget 2026-27: Over ₹1 trillion earmarked for the nation's health

Biopharma Shakti initiative to tackle burden of non-communicable diseases, turn India into global, innovation-led hub

Budget 2026: Services sector put in the front seat of growth strategy

Budget targets 10% global services share by 2047

16th FC moots CSS overhaul, discom privatisation, subsidy bill pruning

To create incentives for privatisation, the panel said private investors need to be shielded from the accumulated debt burden after discom takeover

Pharma leap: Volume to value-based growth as India targets $500-bn industry

The Budget recognises that innovation must translate into tangible benefits for patients

A Budget for uncertain times: Modest fiscal path, services-led growth

FM goes for modest fiscal consolidation, while focusing on services and state capex for growth

16th FC report: From Andhra Pradesh to West Bengal, who gets how much

Southern states are projected to get a marginal increase

Rising stress, weak redress: Here are the key challenges in Budget 2026

Unemployment in the age group 15-24 year remains extremely high and structurally sticky even after the pandemic shock

Budget 2026-27: Inside the fiscal consolidation numbers and open questions

The Budget has largely eschewed political populism, even as several states are to go for Assembly elections in the coming months

Union Budget 2026-27: Reform over rhetoric, growth with guardrails

From medical hubs to incentives for seaplane manufacturing, the Budget broadens demand creation beyond brick-and-mortar

Budget 2026: Industrial policy takes centre stage, deeper fixes pending

And bigger problems await from policy bottlenecks that the Budget has left untouched

Union Budget 2026-27: Divestment, monetisation goal at ₹80,000 crore

Budget 2026 raises the FY27 disinvestment and asset monetisation target to Rs 80,000 crore, banking on a stronger pipeline of stake sales and infrastructure monetisation despite a shortfall in FY26

Union Budget 2026-27: Govt borrowing challenge passed on to RBI

Budget FY27 signals deeper banking reforms, possible PSB consolidation and higher borrowing, shifting the onus to RBI to manage yields and liquidity

Union Budget 2026-27: Burden on middle income rises slightly further

Despite a rise in tax filers, low reported incomes limit average tax contribution, prompting a simplified Income Tax Act from April 2026 to boost compliance and buoyancy

Budget 2026: Charting path to Viksit Bharat amid global uncertainty

In choosing prudence over populism and strategic self-reliance over protectionism, the FM has presented a Budget worthy of India's aspirations

Union Budget 2026-27: FDI improves, but excess capacity remains

Manufacturers still have excess capacity to utilise, hindering new investments