Union Budget 2026-27 Focuses on Fiscal Prudence, Manufacturing, and Long-Term Growth

The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman, emphasizes fiscal prudence, continuity, and long-term growth amid global uncertainties. It prioritizes manufacturing, infrastructure, and technology sectors, with a record capital expenditure of Rs 12.2 lakh crore. The budget supports MSMEs, green energy, and strategic autonomy while maintaining a cautious approach to reforms. Market reactions were mixed, with concerns over increased securities transaction tax and borrowing levels, but experts largely view the budget as a steady, pragmatic roadmap for sustainable development and economic resilience.