Budget 2026: FM Sitharaman Unveils Growth-Oriented Proposals, Boosts Key Sectors

• FM Nirmala Sitharaman presented her ninth Union Budget, focusing on accelerating growth, fulfilling aspirations, and inclusive development.
• Significant allocations include ₹40,000 crore for electronic components manufacturing and ₹10,000 crore for biopharmaceuticals.
• Overseas Indians can now invest more in Indian equities, with individual limits raised to 10% and overall cap to 24% via Portfolio Investment Scheme.
• New initiatives include five medical tourism hubs, seven high-speed rail corridors, a ₹10,000 crore SME growth fund, and the 'She-Mark' for women entrepreneurs.
• The budget emphasizes cutting-edge sectors like AI, carbon capture, and critical minerals, alongside cultural and sports development through Khelo India and archaeological site rejuvenation.

Why It Matters: Budget 2026 prioritizes economic growth, inclusive development, and strategic investments in key sectors and infrastructure.