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India's 2026 Budget: Rs 10,000 Crore for MSMEs, Infrastructure Boost

2/1/2026

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Story summary
  • India's Union Budget for 2026-27, presented by Finance Minister Nirmala Sitharaman, prioritizes MSMEs with a Rs 10,000 crore SME Growth Fund and a Rs 2,000 crore boost to the Self-Reliant India Fund.
  • The budget targets Rs 12.2 trillion in infrastructure spending to boost manufacturing and jobs.
  • It includes reforms to attract foreign investment and support semiconductor manufacturing and biopharma.
  • Education and skill development are prioritized to prepare the workforce.