The Union Budget 2026 underscores the government’s intent to build a resilient, self-reliant growth model by insulating India from global uncertainties, leveraging strong macro fundamentals to pursue long-term strategic priorities alongside near-term risk management.
According to sources, the proposed legislation aims to improve ease of doing business through PSBs and bring changes to their board structure to enhance corporate governance and operational efficiency.
Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1 (Sunday)
Lower rate of 15%-18% for Greenfield and brownfield projects under discussion, to boost private investments, spur economy
At present, the government is trying to work on the privatisation deals of number of central public sector enterprises, such as IDBI Bank, Shipping Corporation of India, NMDC Steel, BEML, HLL Lifecare, Container Corporation of India and Vizag Steel.
Agriculture continues to be the biggest contributor to India’s GDP. In Budget 2023-24, the FM announced a bunch of new initiatives to empower the growth of data-led farming, which could improve farm output and double farmer incomes.
Indian Pharmaceutical Alliance (IPA) Secretary General Sudarshan Jain outlined the sector's wish list for the 2018 Union Budget, noting that the domestic pharmaceutical industry is currently worth about $50 billion and hopes to increase to about $130 billion by 2030 and $450 billion by 2047
Finance Minister Nirmala Sitharaman surely has a tough task cut out for her as slowing rural demand and an impending global economic slowdown looms large
Making the suggestion for the forthcoming Union Budget, Saket Dalmia, President of PHDCCI, said the budget for health has seen a rise of about 16 per cent in absolute terms between budget estimates of 2021-22 and 2022-23
Secretary General of Tea Association of India (TAI) Prabir Bhattacharya said though the average auction price touched Rs 206 per kg in 2020, it fell to Rs 190.77 per kg the following year
FMCG companies raised prices. Now, they are hoping to recover the lost ground in 2023, with a recovery in margins and volumes, especially from the distressed rural areas amid softening commodity prices
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