Budget 2026: Industry Demands Pension, Banking Reforms, Manufacturing Push
Economy
C
CNBC TV18•30-01-2026, 15:14
Budget 2026: Industry Demands Pension, Banking Reforms, Manufacturing Push
- •Industry leaders, including Naina Lal Kidwai and Anant Goenka, discussed Budget 2026 expectations at a CNBC TV18 session, focusing on financial sector reforms, manufacturing, and job creation.
- •Key demands include widening pension fund investments, revisiting bond tax treatment, reducing government ownership in banks, and stopping banks' use for quasi-fiscal purposes.
- •FICCI advocates for continued manufacturing push, higher defence outlay, and targeted support for electronics manufacturing services and mega industrial parks.
- •Industry sees private investment momentum increasing as capacity utilisation crosses 80%, with fiscal prudence building confidence for long-term decisions.
- •Job creation remains a top concern, with calls for effective skills-based training and addressing the compliance burden of internship/apprenticeship schemes amid rising automation.
Why It Matters: Industry seeks comprehensive reforms in pensions, banking, and manufacturing for Budget 2026 to drive growth and job creation.
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