Budget 2026: Railways, MSMEs, Green Transition Top Priorities

• Finance Minister Nirmala Sitharaman to present her ninth Union Budget on February 1.
• Budget 2026 is expected to prioritize boosting domestic consumption amid a moderating global economy.
• Economists anticipate continued personal tax relief and GST rationalization to support household spending.
• Key focus areas include fiscal support, defence, MSMEs, railways, infrastructure, and green growth.
• ICRA expects significant attention on railways for decongestion, capacity increase, and faster project execution.

Why It Matters: Budget 2026 will focus on domestic consumption, MSMEs, railways, and green transition with targeted interventions.