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News1831-01-2026, 10:45

Union Budget 2026: Economists Eye Jobs, Agri, MSMEs, Green Economy for Sustainable Growth

  • Economists expect Union Budget 2026 to prioritize job creation, agricultural development, inclusive manufacturing, and digital transformation.
  • Osmania University Professor Satish Raikindi highlighted potential focus areas including defense, infrastructure (railways), MSMEs, rural development, and the green economy.
  • Professor M Ramulu emphasized the need to shift investments from capital-intensive industries to startups, small-scale, and area-based industries for balanced growth.
  • Ramulu also called for better identification of truly needy beneficiaries for welfare schemes and a horizontal approach to GST by reducing tax rates.
  • Concerns were raised about investment concentration in metropolitan areas, leading to environmental issues, and the declining government sector's role.

Why It Matters: Economists anticipate Union Budget 2026 will focus on job creation, agriculture, MSMEs, and green economy for inclusive growth.

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