Union Budget 2026: FM announces ship repair ecosystem for inland waterways at Varanasi, Patna

Budget
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CNBC TV18•01-02-2026, 15:26
Union Budget 2026: FM announces ship repair ecosystem for inland waterways at Varanasi, Patna
- •Finance Minister Nirmala Sitharaman announced a ship repair ecosystem for inland waterways in Varanasi and Patna during the Union Budget 2026.
- •This initiative aims to enhance last-mile connectivity, promote tourism, and support the indigenization of seaplane manufacturing.
- •A Seaplane VGF Scheme will be introduced to provide operational support for seaplanes.
- •Nirmala Sitharaman presented her ninth consecutive Union Budget, becoming the longest-serving finance minister.
- •Prime Minister Narendra Modi hailed the budget as "historic," reflecting the aspirations of 140 crore Indians and charting a roadmap for Viksit Bharat.
Why It Matters: FM Sitharaman announced a ship repair ecosystem for inland waterways in Varanasi and Patna in Union Budget 2026.
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