FM Sitharaman's Record 9th Budget: Key Announcements & Economic Impact
Business
C
CNBC TV18•01-02-2026, 22:00
FM Sitharaman's Record 9th Budget: Key Announcements & Economic Impact
- •FM Nirmala Sitharaman presented a ₹53.5 lakh crore Union Budget for 2026–27, focusing on long-term growth and fiscal discipline.
- •Capital expenditure increased to ₹12.2 lakh crore, with seven new high-speed rail corridors announced, including Mumbai–Pune and Delhi–Varanasi.
- •Defence spending rose to ₹7.85 lakh crore, with capital modernization exceeding ₹2 lakh crore, marking a 15.2% increase.
- •Significant boost for domestic manufacturing, including ₹40,000 crore for electronics, ₹10,000 crore for biopharma, and support for various industrial clusters.
- •Fiscal deficit targeted at 4.3% for FY27, and STT on futures and options increased by up to 150%.
Why It Matters: Sitharaman's 9th budget prioritizes infrastructure, manufacturing, and fiscal prudence for India's sustained growth.
✦
More like this
Loading more articles...
