New Delhi, Feb. 1 -- Union Finance Minister Nirmala Sitharaman on Sunday presented the Union Budget 2026-27 in the Lok Sabha. She announced several measures to boost manufacturing, MSMEs, and infrastructure sectors.
In Budget 2026, the target for capex was raised to Rs.12.2 lakh crore for FY27, up from Rs.11.2 lakh crore in the current fiscal year.
Prime Minister Narendra Modi hailed the Union Budget 2026-27, calling it a "strong foundation" for India's journey towards Viksit Bharat 2047.
He also said it would provide fresh energy and speed to the "reform express" on which the country is riding.
Opposition leaders criticised the Budget as bereft of ideas and failing to address economic problems, while industry gave a mixed reaction.
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