The Union Budget 2026–27 was presented in Parliament by the Finance Minister, marking the first Budget from Kartavya Bhawan. Framed around “Yuva Shakti” and Viksit Bharat vision, it aims to accelerate economic growth, build youth capacity, and ensure inclusive development through strategic manufacturing, infrastructure expansion, and MSME support.

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• • Budget guided by three duties: sustain growth, fulfill youth aspirations, ensure inclusive development till last mile.
• • Rs 10,000 crore Biopharma SHAKTI mission to boost biologics, biosimilars; 3 new NIPERs, 7 institutes upgraded.
• • India Semiconductor Mission 2.0 to strengthen chip manufacturing, supply chains, industry-led R&D and skilled workforce.
• • Electronics manufacturing outlay increased to Rs 40,000 crore to deepen domestic value chains.
• • Rare Earth Corridors in four states; three Chemical Parks to reduce import dependence in critical minerals.
• • Rs 10,000 crore SME Growth Fund and Rs 2,000 crore boost to Self-Reliant India Fund to create globally competitive MSMEs.
• • Seven High-Speed Rail corridors announced to connect major cities as economic growth connectors.
• • Dedicated Freight Corridors, 20 National Waterways, coastal cargo scheme to raise water transport share to 12% by 2047.
• • Infrastructure Risk Guarantee Fund proposed to support lenders during construction phase.
• • City Economic Regions to receive Rs 5,000 crore each over five years under challenge-based model.