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7 HIGH-SPEED RAIL CORRIDORS, A DEDICATED FREIGHT CORRIDOR AND 20 NEW NATIONAL WATERWAYS PROPOSEDINFRASTRUCTURE RISK GUARANTEE FUND TO BOOST THE CONFIDENCE OF PRIVATE DEVELOPERS SEAPLANE VGF SCHEME TO BE INTRODUCED TO INCENTIVIZE INDIGENOUS MANUFACTURING OF SEAPLANE While presenting the Union Budget 2026-27 in Parliament today, Union Minister for Finance and Corporate Affairs, Smt Nirmala Sitharaman said; "Our first kartavya is to accelerate and sustain economic growth, by enhancing productivi
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FAQ :
The Union Budget 2026-27 proposes to increase public capital expenditure to Rs 12.2 lakh crore.
The budget proposes seven high-speed rail corridors, a dedicated freight corridor, and 20 new National Waterways to be operationalised over the next five years.
An Infrastructure Risk Guarantee Fund is proposed to provide prudently calibrated partial credit guarantees to lenders, strengthening confidence during infrastructure development.
The budget proposes to operationalise 20 new National Waterways, launch a Coastal Cargo Promotion Scheme, and set up training institutes and a ship repair ecosystem for inland waterways.
A Seaplane VGF Scheme will be introduced to provide support for operations, incentivising the indigenous manufacturing of seaplanes to enhance last-mile and remote connectivity.
The budget proposes an outlay of Rs 20,000 crore over the next 5 years for CCUS technologies.
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