New Delhi, Feb 1: Finance Minister Nirmala Sitharaman today presented the Union Budget 2026-27 in Parliament, promising strong steps to boost India’s economy through jobs, infrastructure and modern industries.
A major highlight of the Budget is the government’s focus on nation-building projects, with a record capital spending plan of ₹12.2 lakh crore. This money will be used for improving roads, railways, transport systems and logistics, which is expected to create large employment opportunities and support business growth.
The Budget also keeps an eye on financial discipline, with the fiscal deficit target set at 4.3% of GDP, showing the government’s aim to manage spending responsibly.
Agriculture and rural development remain key priorities. The Budget proposes higher support for farmers, better rural facilities and stronger investment in the farm sector to raise incomes and strengthen food security.
To encourage investment, the government announced tax and compliance reforms, including easier rules for NRIs and improved systems for business and property matters. Support for technology, manufacturing, semiconductors and exports was also announced to make India more competitive globally.
Overall, the Budget 2026-27 presents a clear plan for faster growth, stronger jobs and inclusive development across the country.
About the Author
