Budget 2026: ₹4061 Crore Boost for Food Processing Industries

• Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget 2026 on February 1, 2026.
• The Budget 2026 allocates ₹4061.43 crore to the Ministry of Food Processing Industries.
• This allocation represents a 13.79% increase over the 2025-26 Revised Estimate of ₹3,571.57 crore.
• The food processing sector is crucial for increasing farm income, creating jobs, and reducing post-harvest losses.
• Processed food exports share in total agri-food exports rose from 13.7% in 2014-15 to 20.4% in 2024-25.

Why It Matters: Union Budget 2026 significantly increases allocation to food processing, boosting farm income and employment.