Quick Summary
The Union Budget 2026-27 sets out a decisive roadmap for India's next phase of economic transformation, combining sustained growth, fiscal discipline, moderate inflation and people-centric development. Anchored in the vision of Viksit Bharat, the Budget emphasises action over ambivalence, reform ove
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FAQ :
The Union Budget 2026-27 estimates a GDP growth of around 7%.
The three core commitments are: accelerating and sustaining economic growth, fulfilling aspirations by building people's capacity, and ensuring inclusive participation for all communities.
The budget targets high-value and technology-intensive sectors including Biopharma, semiconductors, electronics, textiles, chemicals, rare earth magnets, container manufacturing, and affordable sports goods. It also includes the revival of 200 legacy industrial clusters.
MSMEs are supported through a Rs 10,000 crore SME Growth Fund, enhanced liquidity measures, development of 'Corporate Mitras', and the removal of the Rs 10 lakh cap on courier exports.
Public capital expenditure is set to reach Rs 12.2 lakh crore, focusing on new Dedicated Freight Corridors, National Waterways, high-speed rail, and urbanisation initiatives.
The fiscal deficit is estimated at 4.3% of GDP for FY 2026-27.
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