India's Union Budget 2026-27 Focuses on Fiscal Discipline, Defence, and Growth Initiatives

India's Union Budget 2026-27 emphasizes fiscal discipline, infrastructure investment, and strategic growth amid global uncertainties. It includes increased defence spending, support for entrepreneurship, and initiatives in technology and manufacturing. While some praise its focus on sustainable development and job creation, critics highlight missed opportunities, reduced capital expenditure, and concerns over retrospective taxation. The government projects realistic growth and aims to balance economic stability with inclusive development, though implementation and private sector response remain key challenges.