Latest Union Budget 2026-27 News & Updates

New Delhi, Feb 26 (IANS) Prime Minister Narendra Modi will address the post-Budget webinar on “Technology, Reforms and Finance for Viksit Bharat” on Friday morning via video conferencing, according to a PMO statement. The webinar will entail discussions on public capex, infrastructure, banking sector reforms, financial sector architecture, deepening capital markets, and ease of living through tax reforms, the statement said.The webinar is the first in a series of post-Budget webinars being organ…

New Delhi, Feb 24 (IANS) India’s tourism sector is poised to get a big push with the Union Budget for 2026-27 proposing a series of targeted interventions to strengthen institutional capacity, enhance service quality, and improve destination competitiveness.Tourism has a significant potential for employment generation, foreign exchange earnings, and balanced regional development. Owing to its strong multiplier effect and capacity to create livelihoods across hospitality, transport, handicrafts…

New Delhi, Feb 21 (IANS) India’s pharmaceutical exports grew by 9.4 per cent in 2024–25 to reach $30.47 billion, and the industry is now preparing to achieve double-digit growth in 2026–27 with strong government support, the Ministry of Commerce and Industry said on Saturday.The interaction, organised on the theme “Scaling up Pharma Exports,” reflected the government’s focus on expanding India’s global footprint in medicines through closer coordination with industry and regulators….

New Delhi, Feb 19 (IANS) The ‘India-AI Impact Summit 2026’, which commenced on February 16 with a powerful vision, places India’s youth at the heart of the nation’s artificial intelligence (AI) journey, according to an official statement issued on Thursday.India has the largest youth population in the world, with over 65 per cent of its population under the age of 35, positioning this demographic powerhouse as an engine of economic momentum.The summit reflects a shift from passive learning to ac…

Mumbai, Feb 17 (IANS) The Indian leather sector is set for significant expansion, targeting a $50 billion turnover by 2030, supported by rising export momentum and increasing domestic consumption, according to a CareEdge Ratings report released on Tuesday.CareEdge Ratings notes that India’s Union Budget 2026–27, along with the completion of the India–European Union (EU) Free Trade Agreement (FTA) as of January 27, and the recent cut in US import tariffs, collectively create a positive po…

New Delhi, Feb 15 (IANS) Placing Micro, Small and Medium Enterprises at the heart of India’s growth strategy, the Union Budget 2026–27 has unveiled a comprehensive plan to help MSMEs scale up, compete globally and integrate deeper into domestic and international markets through financial, policy and professional support, according to the official statement on Sunday.The Union Budget 2026–27 has underlined the government’s commitment to strengthening Micro, Small and Medium Enterprises as…

New Delhi, Feb 14 (IANS) India has created a large-scale digital foundation for agriculture with over 7.63 crore farmer IDs and 23.5 crore crop plots surveyed under the Digital Agriculture Mission, an official statement said on Saturday.According to the statement, the National Pest Surveillance System supports 66 crops and over 432 pest types, providing real-time advisories to more than 10,000 extension workers for early pest detection.“As of December 2025, the Kisan e-Mitra chatbot has answer…

New Delhi, Feb 13 (IANS) The Rajya Sabha was adjourned on Friday till March 9, marking the conclusion of the first phase of the on-going Budget Session of Parliament. This adjournment follows a similar move in the Lok Sabha earlier in the day, as both Houses entered a three-week recess.Twenty seven permitted special mentions by members who were present were deemed to have been laid on the table of the House. These special mentions, a procedural mechanism allowing lawmakers to highlight urgent pu…

Hyderabad/New Delhi, Feb 12 (IANS) Telangana Chief Minister A. Revanth Reddy on Thursday urged the Centre to start proposed high-speed rail corridors to Chennai, Bengaluru, and Pune from Shamshabad, where the Hyderabad International Airport is located.The Chief Minister, who met Railway Minister Ashwini Vaishnaw in his chamber in Parliament, also offered 500 acres of land near the airport for the corridors.He elaborated on his government’s plans to develop theKodangal Assembly constituency, fr…

New Delhi, Feb 12 (IANS) Delhi Chief Minister Rekha Gupta has approved the ‘Chief Minister Skill Development Scheme’ aimed at supporting artisans associated with khadi, handloom, cottage industries and the unorganised sector, an official said on Thursday.The decision was cleared at a recent Cabinet meeting chaired by the Chief Minister.The scheme will be implemented through the Delhi Khadi and Village Industries Board (DKVIB). During 2025–26, a total of 3,728 beneficiaries will be trained,…