Live Updates and discussion on Union Budget 2026-2027

Lets hope for the best

President Draupadi Murmu offers Dahi-Cheeni to FM Sitharaman ahead of her 9th Consecutive Union #Budget2026

Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman along with Minister of State for Finance Shri Pankaj Chaudhary and senior officials of the Ministry of Finance called on President Droupadi Murmu at Rashtrapati Bhavan before presenting the Union Budget.

The President extended her best wishes to the Union Finance Minister and her team for the presentation of Budget. #Budget2026

Budget starts

FM Nirmala Sitharaman is now presenting the Union Budget for the fiscal year 2026-27, in the Lok Sabha.

Finance Minister Sitharaman says that since the Modi government came to power, India’s economy has stayed stable, the government has controlled spending, the economy has kept growing, and prices haven’t risen too sharply.

over the last 12 years, the government made careful decisions that kept the economy stable, controlled spending, growing steadily, and prices under control, even during difficult times. #FM

Our government's sankalp is to focus on helping the poor underprivileged and the disadvantaged through three duties: boosting economic growth, empowering people to achieve their aspirations, and ensuring fair access to resources for all, following the idea of Sabka Saath, Sabka Vikas. #Finance Minister

Plan is to invest ₹10,000 crore to make India a global biopharma hub over the next five years by improving research institutes, expanding clinical trial sites, and strengthening drug regulation to meet global standards. #FM

FM Nirmala Sitharaman proposed interventions in the following six areas:

• Scaling up manufacturing in several strategic and frontier sectors.
• Rejuvenating legacy industrial sectors.
• Creating champion MSMEs.
• Delivering a powerful push for infrastructure.
• Ensuring long-term security and stability.
• Developing city economic regions.

FM Nirmala Sitharaman proposed an integrated programme for labour-intensive textiles with 5 key components:

• National Fibre Scheme: Boosts self-reliance in natural (silk, wool, jute) & man-made fibres.
• Textile Expansion and Employment Scheme: Modernizes clusters via capital for machinery, tech upgrades, & testing centres.
• National Handloom and Handicraft Programme (NHHP): Integrates schemes with targeted aid for weavers/artisans.

A scheme for enhancement of construction and infrastructure equipment, will be introduced to strengthen domestic manufacturing of high value and technologically advanced CIE.

Container manufacturing scheme with Rs 10,000 crore over 5 years. #Union Budget

FM : The budgeted fiscal deficit for fiscal 2026 is estimated at 4.4 per cent of gross domestic product (GDP)

#UnionBudget2026

• Electronic components manufacturing outlay increased to ₹40,000 crore

• Tamil Nadu to be supported for a rare earth corridor

• Odisha, Kerala, Andhra Pradesh, and Tamil Nadu to get support for critical mineral corridors #Union Budget