Union Budget 2026–27 presented on 01 February 2026 by the Union Finance Minister of India.
Fiscal Deficit Target: Approximately 4.5% of GDP, aligned with medium-term fiscal consolidation.
Capital Expenditure Allocation: Increased by over 10%, focusing on railways, highways, and digital infrastructure.
Agriculture & Rural Development: Enhanced allocation for irrigation, agri-tech startups, and farmer credit schemes.
MSME Sector: Expanded credit guarantee coverage and lower interest subvention for small enterprises.
Taxation:
Green Growth: Higher budgetary allocation for renewable energy, green hydrogen, and EV infrastructure.
