The Union Budget 2026-27 unveils the Coastal Cargo Promotion Scheme, aiming to double waterway cargo share to 12% by 2047. By operationalizing 20 new waterways and investing ₹13,000 crore in the Mahanadi system, India seeks to slash logistics costs and emissions through greener transport.
If we look at the capital outlay breakdown, of the ₹2.19 lakh crore, ₹1.85 lakh crore is allocated for capital acquisition, marking a 24% hike, focusing on new lethal weapons, aircraft, aero engines, ships, submarines, missiles, drones, artillery, and Unmanned Aerial Vehicles (UAVs), etc.
The policy promises long term certainty for foreign investors and data centre expansion, but Indian cloud founders warn it may deepen reseller dependence unless parallel incentives are created to support domestic platforms and technology ownership.
As a major economy, India makes substantial financial contributions to various countries and international organisations. In the budget for 2026-27 unveiled by Finance Minister...
Finance Minister Nirmala Sitharaman in Budget 2026 announced major education and skill reforms, including AVGC labs in schools and colleges, girls’ hostels in every district, industry-linked university townships, a new design institute, and a panel to link education with employment.
Prime Minister Narendra Modi said the budget empowers women, energises reforms, supports youth aspirations, strengthens MSMEs, and balances fiscal discipline with growth, while positioning India as a trusted global partner and future third largest economy.
India’s Union Budget 2026 has laid out an ambitious but fiscally cautious roadmap, with the government placing big numbers on the table for spending, taxation, borrowing and deficit reduction