Sitharaman: Budget 2026 to Boost Private Investment, Foster Strong Economy

Business
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News18•03-02-2026, 05:37
Sitharaman: Budget 2026 to Boost Private Investment, Foster Strong Economy
- •Union Finance Minister Nirmala Sitharaman stated that Union Budget 2026 measures will be favorable for private investments, aiming for a strong economy.
- •In an interview with Network18 Editor-in-Chief Rahul Joshi, Sitharaman expressed confidence in increasing private sector investments, citing positive economic signs.
- •She described the budget as a symbol of stability, designed to create an unhindered business environment amidst global uncertainty and encourage international investment in India.
- •Budget 2026 prioritizes capital expenditure (Capex) with an allocation of ₹12.2 lakh crore, an 11.5 percent increase from the previous year, signaling government spending commitment.
- •Sitharaman affirmed the government's commitment to continuous reforms, including customs reforms and correcting inverted duty structures, to strengthen domestic industries and private investments.
Why It Matters: Budget 2026 focuses on capital expenditure and reforms to attract private and international investment, ensuring economic stability.
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