Union Budget 2026-27

Sitharaman Defends Union Budget 2026-27, Announces Medical Hubs and Support for Labour-Intensive Sectors

Sitharaman Defends Union Budget 2026-27, Announces Medical Hubs and Support for Labour-Intensive Sectors

New Delhi, Feb. 11 — Union Finance Minister Nirmala Sitharaman on Wednesday addressed the Lok Sabha, outlining key priorities of the Union Budget 2026-27 and emphasizing employment generation through sector-focused investments. Responding to discussions on the Budget, Sitharaman said the government plans to establish medical hubs across several states, a move aimed at strengthening healthcare infrastructure while creating substantial job opportunities. She noted that the initiative would not only improve access to quality medical services but also boost local economies through allied industries and services. Highlighting the government’s employment strategy, the Finance Minister said special attention would be given to…
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Arvind Kejriwal Slams Union Budget 2026-27, Says It Fails to Address Unemployment and Inflation

Arvind Kejriwal Slams Union Budget 2026-27, Says It Fails to Address Unemployment and Inflation

New Delhi, February 2, 2026: Aam Aadmi Party (AAP) national convener Arvind Kejriwal on Sunday strongly criticised the Union Budget 2026-27, claiming it lacks a clear strategy to deal with rising unemployment and inflation. Kejriwal said that, from a national standpoint, the Budget would worsen inflationary pressures and lead to further job losses, at a time when employment and price rise remain the biggest concerns for the country’s youth. “There is no concrete roadmap for job creation in this Budget. Instead, it will push inflation even higher,” Kejriwal alleged, adding that young people continue to suffer due to the absence…
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Union Budget 2026-27 Launches Divyang Kaushal and Divyang Sahara Schemes to Empower Persons with Disabilities

Union Budget 2026-27 Launches Divyang Kaushal and Divyang Sahara Schemes to Empower Persons with Disabilities

New Delhi (Rajeev Sharma): The Union Budget 2026-27 introduced new initiatives aimed at empowering Divyangjans, reaffirming the government’s commitment to the vision of “Sabka Sath, Sabka Vikas,” which seeks to provide every community, family, and sector with access to resources, opportunities, and meaningful participation. While presenting the Budget in Parliament, Union Finance Minister Nirmala Sitharaman highlighted measures designed to create dignified livelihood opportunities and improve accessibility for persons with disabilities. Under the Divyang Kaushal Yojana, customized training programs will be offered to Divyangjans in sectors such as information technology, animation, visual effects, gaming (AVGC), hospitality, and food and beverages. These…
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Union Budget 2026-27 Introduces Sports Goods Initiative and Khelo India Mission to Boost Manufacturing and Talent Development

Union Budget 2026-27 Introduces Sports Goods Initiative and Khelo India Mission to Boost Manufacturing and Talent Development

New Delhi (Rajeev Sharma): The Union Budget 2026-27 includes a dedicated initiative to strengthen India’s sports goods sector, aiming to establish the country as a global leader in high-quality and affordable sporting equipment. Union Finance Minister Nirmala Sitharaman, while presenting the Budget in Parliament, stated that the initiative will focus on promoting manufacturing, research, and innovation, covering both the design of equipment and advancements in material sciences. This move aligns with the Budget’s broader objective of accelerating economic growth, improving productivity, and enhancing India’s competitiveness while building resilience against global uncertainties. The sports goods initiative is expected to tap into…
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India’s GDP to Grow 7.4% in FY26 as Services Sector Drives Economic Momentum

India’s GDP to Grow 7.4% in FY26 as Services Sector Drives Economic Momentum

New Delhi: India’s economy is poised for strong expansion, with real GDP projected to rise by 7.4% in the financial year 2025–26, Union Finance Minister Nirmala Sitharaman announced while presenting the Union Budget 2026-27 in Parliament. Nominal GDP is expected to grow by 8% this year, while forecasts for FY 2026-27 indicate a further increase to 10%, highlighting the resilience of the Indian economy amid global uncertainties. The services sector continues to lead the growth story, expanding by 9.1%, while manufacturing and construction grew by 7% and agriculture by 3.1% in FY25-26. Rising domestic demand is providing a strong foundation…
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PM Modi Urges Mission-Mode Reforms to Drive Viksit Bharat Vision Ahead of Union Budget

PM Modi Urges Mission-Mode Reforms to Drive Viksit Bharat Vision Ahead of Union Budget

New Delhi, December 30, 2025: Prime Minister Narendra Modi on Tuesday called for mission-mode reforms across multiple sectors to sustain long-term economic growth and realise the vision of Viksit Bharat by 2047. Interacting with a group of eminent economists and experts at NITI Aayog ahead of the Union Budget 2026–27, the Prime Minister underlined the need for world-class capabilities and deeper global integration. The discussion was held on the theme ‘Aatmanirbharta and Structural Transformation: Agenda for Viksit Bharat’. Modi stressed that India’s policy-making and budgeting processes must remain firmly aligned with the long-term national vision for 2047. He also emphasised…
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