Sitharaman's Ninth Budget Unveils 10 Major Announcements for India's Growth
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Moneycontrol•01-02-2026, 14:47
Sitharaman's Ninth Budget Unveils 10 Major Announcements for India's Growth
- •Finance Minister Nirmala Sitharaman presented her ninth Union Budget, focusing on 'Developed India' (Viksit Bharat) through investments in infrastructure, healthcare, manufacturing, and education.
- •Government capital expenditure (Capex) increased to 12.2 lakh crore for FY2027, strengthening infrastructure and creating jobs.
- •Seven new high-speed rail corridors announced for routes like Mumbai-Pune, Delhi-Varanasi, and Hyderabad-Bengaluru to promote eco-friendly travel.
- •Pharma and tech sectors boosted with 'Bio Pharma Shakti' mission (10,000 crore) and India Semiconductor Mission 2.0 (40,000 crore), plus new AIIMS and upgraded AYUSH pharmacies.
- •MSMEs receive additional 4,000 crore for Atmanirbhar Bharat Kosh and a new 10,000 crore fund for container manufacturing; NRI investment limit raised to 10%.
Why It Matters: Sitharaman's ninth budget prioritizes infrastructure, tech, pharma, and MSMEs to propel India towards developed status.
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