Nirmala Sitharaman Unveils Budget 2026 Vision: Manufacturing Boost, 3 Core Targets

• Finance Minister Nirmala Sitharaman affirmed the Indian economy's strength and dedicated Budget 2026 to 'Developed India 2047'.
• She outlined three core government duties: accelerating economic growth, building citizen capacity/skill development, and inclusive progress via 'Sabka Saath-Sabka Vikas'.
• To boost manufacturing, capital expenditure (Capex) increased to ₹12.2 lakh crore, with focus on 'India Semiconductor Mission 2.0' and 'Biopharma Shakti'.
• Sitharaman described the budget as a strategic move for stability amidst global uncertainties, laying a foundation for long-term goals.
• Reforms are continuous, not just budget-bound, aiming to eliminate red tape and foster industrial growth.

Why It Matters: Budget 2026 focuses on long-term growth, manufacturing, and inclusive development for 'Developed India 2047'.