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Education budget raised by over 8 per cent for FY26-27 to Rs 1.39 lakh cro
Updated : 1 month, 3 weeks ago IST
With education and skilling placed at the core of India's long-term growth strategy in the Union Budget 2026-27, the government has allocated Rs 1.39 lakh crore to the education ministry, marking an 8.27 per cent increase over the previous financial year.
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Ministry of Defence receives record Rs 7.85 Lakh cr in Union Budget 2026-2
Updated : 1 month, 3 weeks ago IST
In the Union Budget post-Operation Sindoor, the Defence Services have received an unprecedented allocation of Rs 7.85 lakh crore for Financial Year (FY) 2026-27.
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Union Budget 2026: Centre allocates Rs 7.8 lakh cr to Defence Ministry
Updated : 1 month, 3 weeks ago IST
The Centre allocated a budget of Rs 7.8 lakh crore to the Defence Ministry for the year 2026-27.
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"Our reaction to the Budget is positive", says CII President Rajiv Memani
Updated : 1 month, 3 weeks ago IST
Union Finance Minister Nirmala Sitharaman on Sunday presented the Union Budget 2026-27 in Parliament, proposing a significant 9 per cent increase in capital expenditure to Rs 12.2 lakh crore. The allocation aims to sustain the momentum in infrastructure development and support economic gr
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Budget 2026-27: Sitharaman proposes Rs 20,000 crore outlay for carbon capt
Updated : 1 month, 3 weeks ago IST
While presenting the Union Budget 2026-27, Union Finance Minister Nirmala Sitharaman proposed an outlay of Rs 20,000 crores over the next 5 years for Carbon Capture, Utilisation and Storage (CCUS) technologies to scale up and increase readiness in end-use applications.
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Budget 2026: Nirmala Sitharaman proposes Rs 100 crore incentive for single
Updated : 1 month, 3 weeks ago IST
During the presentation of the Union Budget 26-27, the Finance Minister, Nirmala Sitharaman, proposed to introduce a market-making framework with suitable access to funds and derivatives on corporate bond indices. She also proposed introducing total-return swaps for corporate bonds.
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Union Budget 2026: Centre allocates Rs 1.4 lakh Cr for state local bodies,
Updated : 1 month, 3 weeks ago IST
The Centre has allocated Rs 1.4 lakh crores for states for the Financial Year 2026-27 as Finance Commission grants, Union Finance Minister Nirmala Sitharaman said on Sunday.
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FM Sitharaman launches India's Semiconductor Mission 2.0 with Rs 40,000 cr
Updated : 1 month, 3 weeks ago IST
Finance Minister Nirmala Sitharaman on Sunday announced the launch of India Semiconductor Mission (ISM) 2.0, with a Rs 40,000 crore outlay, aiming to boost the country's semiconductor ecosystem. This initiative focuses on producing equipment and materials, designing full-stack Indian inte
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Finance Minister proposes to introduce dedicated SME growth fund worth Rs
Updated : 1 month, 3 weeks ago IST
The Finance Minister of India, Niramala Sitharaman, has proposed to introduce a dedicated 10,000 crores SME growth fund to create future jobs, incentivising enterprises based on select criteria. She stated that the government recognises MSMEs as a vital engine of growth, and proposes a th
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Union Budget 2026-27: FM Sitharaman raises capital expenditure for FY27 by
Updated : 1 month, 3 weeks ago IST
The capital expenditure has been increased to Rs 11.21 lakh crore, up from the Rs 11.21 lakh crore allocated in the last Union Budget for FY25-26. For FY26, the government had set a capex allocation of Rs 11.21 lakh crore.
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Budget 2026: Odisha, Kerala, Andhra, Tamil Nadu to have dedicated rare ear
Updated : 1 month, 3 weeks ago IST
The Government had approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet' with a financial outlay of Rs 7,280 crore. The scheme aims to establish 6,000 metric tonnes per annum (MTPA) of integrated REPM manufacturing capacity in India, covering the full chai
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Budget 2026: Sitharaman allocates Rs 10000 crore to make India biopharma h
Updated : 1 month, 3 weeks ago IST
Finance Minister Nirmala Sitharaman has proposed to push India's biopharma sector under a Bio Pharma Shakti programme with an allocation of Rs 10000 crore for the next 5 years.
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