The Union Budget's continued focus on capital expenditure and manufacturing is a positive, but a slower pace of fiscal consolidation and higher market borrowings are disappointing, according to investment bank Nomura.
"They don't know how to read. If you ask Rahul Gandhi what nominal GDP is, he'll throw his hands up in the air... He doesn't even know what capital expenditure (capex) is. This budget is meant to lay the foundation for the country's future...," Jaiswal said.
Rajasthan Deputy Chief Minister Diya Kumari, on Monday, hailing the 2026-27 Union Budget, underlined the country's progress toward the aim of "Viksit Bharat"
The Finance Minister noted that the economy faces global uncertainties, disrupted supply chains and rising demands for energy and critical minerals, necessitating resilient and forward-looking policy measures. Some of the key announcements of the budget were the public capital expenditure
Senior Congress leader P. Chidambaram on Sunday raised concerns over the Union Budget 2026, questioning the government's approach on trade, investment, and defence expenditure.
The budget has allocated a total expenditure of ₹53.47 lakh crore and capital expenditure of ₹12.21 lakh crore, which will accelerate the development of roads, railways, digital infrastructure, green energy, healthcare, education, and industrial growth across the country.
The Union Budget 2026-27, presented in Parliament on Sunday, has increased public capital expenditure to Rs 12.2 lakh crore in FY 2026-27, with industry experts saying that the increased outlay will revitalise project pipelines.
Uttar Pradesh Finance Minister Suresh Kumar Khanna on Sunday hailed Union Finance Minister Nirmala Sitharaman's 2026-27 budget as the "Yuva Shakti" Budget.
Defence Secretary Rajesh Kumar Singh on Sunday welcomed the Union Budget 2026-27, describing it as a "significant boost" for the country's defence preparedness.
The Union Budget 2026-27 has drawn widespread applause from India's industrial heavyweights. Industry captains across finance, mining, manufacturing, and consulting have noted a strategic focus on long-term tax certainty, infrastructure spending, and the strengthening of domestic supply c