Latest Union Budget News & Updates

New Delhi, March 19 (IANS) Prime Minister Narendra Modi’s release of over Rs 18,640 crore as the 22nd instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme this month has enabled over 9.32 crore farmers to receive financial assistance, out of whom 2.15 crore are women farmers.The total money disbursed since the launch of the scheme has now shot past Rs 4.27 lakh crore, making PM-KISAN one of the world’s largest direct benefit transfer initiatives, according to an official facts…

New Delhi, March 18 (IANS) Lok Sabha took up voting on the Demands for Grants for the Ministry of Agriculture and Farmers Welfare for the financial year 2026-27 on Wednesday.The Ministry has been allocated Rs 1,40,529 crore in the Union Budget, reflecting a 5.4 per cent increase over the revised estimates of 2025-26.Nearly 93 per cent of this allocation is directed to the Department of Agriculture and Farmers Welfare, which oversees farmer-centric schemes, subsidies, crop insurance, and welfare …

New Delhi, March 13 (IANS) The government remains committed to keeping the fiscal deficit within the revised estimates for FY26, even as it brings in the second batch of supplementary demands for grants, Finance Minister Nirmala Sitharaman said on Friday.Replying to the debate in the Lok Sabha on the Supplementary Demands for Grants (Second Batch) for 2025–26, the Finance Minister said the additional spending proposals would remain within the fiscal deficit target presented in the Union Budget…

New Delhi, March 13 (IANS) Domestic-listed Real Estate Investment Trust (REIT) market has expanded more than six-fold since FY20 — a pandemic year — growing from Rs 27,100 crore in 2019-20 to Rs 1.72 lakh crore in the first nine months of FY26, a report said on Friday.As per the CBRE report, the sharp growth comes after the listing of the country’s first REIT in FY20 and has been driven by new listings as well as steady unit price appreciation among existing REITs.From the total listed REITs…

New Delhi, March 11 (IANS) The government has issued a draft Gazette Notification proposing amendments to avoid duplicate viral testing of blood products and invited public comments on it, an official statement said on Wednesday.The amendment aims to align regulatory requirements for testing of blood products with internationally accepted pharmacopeial standards and to remove additional testing requirements on products that are not warranted under global best practices, the Ministry of Health an…

New Delhi, March 9 (IANS) Prime Minister Narendra Modi will address a Post-Budget Webinar on the theme “Sabka Saath Sabka Vikas — Fulfilling Aspirations of People” on Monday.The event will begin at 10:15 A.M. and will be held through video conferencing. The webinar will focus on key areas highlighted in the Union Budget and aims to discuss ways to implement government policies effectively.Several breakout sessions will be organised during the event, covering sectors such as education and sk…

New Delhi, March 8 (IANS) Prime Minister Narendra Modi will address a Post-Budget Webinar on the theme “Sabka Saath Sabka Vikas — Fulfilling Aspirations of People” on March 9. The event will begin at 10:15 AM and will be held through video conferencing. The webinar will focus on key areas highlighted in the Union Budget and aims to discuss ways to implement government policies effectively.Several breakout sessions will be organised during the event, covering sectors such as education and sk…

New Delhi, March 8 (IANS) The International Women’s Day (IWD) is being observed worldwide on Sunday to honour the social, economic, cultural and political achievements of women.As 2026 IWD theme calls for a ‘Give to Gain’ global campaign to promote teamwork and cohesion for building a just and supportive society for women and girls, this reflects and resonates in India’s own story of women empowerment, as over the years, Nari Shakti has become the cornerstone of ‘Viksit Bharat’.In the past few y…

New Delhi, March 6 (IANS) While the Iran war has already driven Brent crude up around 9 per cent to near $80 per barrel and LNG prices by around 50 per cent in the global market, India has sufficient foreign exchange reserves, a low current account deficit (CAD) of 0.8 per cent of GDP in H1 FY26, and low inflation rates, which collectively allow it to effectively mitigate the impacts of rising global crude oil prices and ensure domestic energy security, according to the Finance Ministry’s mont…

New Delhi, March 6 (IANS) Prime Minister Narendra Modi on Friday said that since agriculture is a state subject, states must be inspired to fulfil their budgetary responsibilities, as he called for strengthening budget provisions at the district level for maximum impact.Addressing the third post-Budget webinar, the Prime Minister noted that stakeholders had provided valuable cooperation during the budget formulation.”Now, after the budget, it is equally important that the country reaps the benef…