Feb 1, 2026
The Union Budget presented by Nirmala Sitharaman placed strong emphasis on infrastructure spending while maintaining fiscal discipline. Capital expenditure was increased to boost economic growth, with allocations for roads, railways, and urban development projects. The government reiterated its commitment to reducing fiscal deficit gradually while supporting investment-led growth. Tax structures remained largely stable, providing policy continuity. Industry leaders welcomed the focus on infrastructure but called for additional incentives for manufacturing and exports. Economists noted that balancing growth with fiscal prudence will be key amid global uncertainties.