Union Budget 2026: Point-wise Brief

1. Budget Presentation
   The Union Budget was presented by Finance Minister Nirmala Sitharaman, outlining the government’s roadmap for growth, welfare, and fiscal stability.

2. Economic Growth Focus
   The budget prioritises faster economic growth through higher public investment, policy stability, and support for key sectors of the economy.

3. Capital Expenditure Boost
   A significant increase in capital expenditure has been announced to strengthen infrastructure such as roads, railways, ports, and urban facilities. This is expected to create jobs and attract private investment.

4. Infrastructure Development
   Railways and highways receive special focus, with new projects aimed at improving connectivity in rural and semi-urban regions, boosting logistics efficiency.

5. Middle-Class Relief
   Income tax slabs have been rationalised and deductions under savings schemes enhanced, increasing disposable income and encouraging consumption.

6. Housing Sector Support
   Incentives for first-time home buyers have been announced, providing momentum to the real estate and construction sectors.

7. Agriculture and Farmers
   Additional funds have been allocated for irrigation, crop insurance, and easy access to credit. New schemes promote natural farming and agri-startups to raise farmers’ income.

8. Education and Skill Development
   The budget emphasises digital education, artificial intelligence-based training, and expansion of vocational and skill-based courses to improve employability.

9. Healthcare Spending
   Increased allocation for healthcare includes upgrading district hospitals and strengthening preventive and primary healthcare services.

10. Support for MSMEs and Manufacturing
    Incentives continue under the Make in India initiative, with special focus on MSMEs, manufacturing, and export-oriented industries.

11. Fiscal Discipline
    The government has reiterated its commitment to gradual fiscal deficit reduction while maintaining growth-supportive spending.

12. Overall Outlook
    The Union Budget 2026 aims to balance growth, welfare, and fiscal prudence, reinforcing long-term economic resilience under the Government of India.