New Delhi: Finance Minister Nirmala Sitharaman on Saturday presented the Union Budget for the fiscal year 2026–27 in Parliament, outlining the government’s economic roadmap with proposals running into several lakh crore rupees, aimed at accelerating growth, ensuring fiscal stability and advancing the vision of Viksit Bharat.
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Presenting her ninth consecutive Union Budget, Sitharaman said the Budget focuses on action over ambivalence, reforms over rhetoric and people-centric development, while maintaining fiscal discipline amid global uncertainties.
The Budget places strong emphasis on capital expenditure, with enhanced allocations for infrastructure, transport, logistics and urban development. The Finance Minister said sustained public investment will act as a catalyst for private sector participation and job creation.
Reiterating the government’s commitment to macro-economic stability, Sitharaman said the Budget for FY 2026–27 continues the path of fiscal consolidation, balancing growth needs with prudent expenditure management.
The Finance Minister announced the launch and expansion of several schemes, including:
- New initiatives to strengthen manufacturing, MSMEs and startups
- Enhanced support for electronics, semiconductors and emerging technologies
- Targeted schemes for youth skilling, women empowerment and employment generation
- Continued focus on farmers’ welfare, agri-infrastructure and rural development
- Measures to boost innovation, research and digital public infrastructure
The Budget proposed steps towards tax simplification, reduced compliance burden and modernisation of tax laws, aimed at improving ease of doing business and encouraging investment.
Sitharaman said the Budget for FY 2026–27 prioritises inclusive growth, with schemes focused on the poor, middle class, women, farmers and marginalised communities to ensure equitable access to opportunities.
Concluding her speech, the Finance Minister said the Union Budget reflects the government’s determination to build a strong, self-reliant and resilient Indian economy, while laying a firm foundation for long-term national development.
