Union Budget 2026: FM Sitharaman Unveils Record 9th Budget for Viksit Bharat

Budget
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Moneycontrol•01-02-2026, 13:09
Union Budget 2026: FM Sitharaman Unveils Record 9th Budget for Viksit Bharat
- •FM Nirmala Sitharaman presented her 9th consecutive Union Budget 2026-27, focusing on inclusive growth and a Viksit Bharat vision.
- •Key fiscal measures include net tax receipts of Rs 28.7 lakh crore, a budget size of Rs 53.5 lakh crore, and a fiscal deficit target of 4.3% of GDP.
- •Infrastructure development plans feature 7 high-speed corridors, an East Coast Industrial Corridor, and Rs 40,000 crore for electronic manufacturing.
- •Significant outlays for education, research, and healthcare include the Biopharma SHAKTI scheme, upgrades for Ayush facilities, and increased district hospital capacity.
- •The budget also highlights initiatives for agriculture, mineral-rich states, carbon capture, tourism hubs, and social welfare programs like girls' hostels and university townships.
Why It Matters: FM Sitharaman's 9th Budget outlines a comprehensive plan for economic growth, infrastructure, and social welfare.
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