In Budget 2026-27, Finance Minister Nirmala Sitharaman announced a Small and Medium Enterprises (SME) Growth Fund with a budget of Rs 10,000 crore. The fund’s purpose is to help SMEs become more competitive and resilient. To further support micro-enterprises, the Self-Reliant India Fund would receive an additional Rs 2,000 crore. The government has established the […]
Finance Minister Nirmala Sitharaman approved a 15% rise in the defence budget for 2026-27, giving Rs 7.8 lakh crore, up from Rs 6.81 lakh crore. The military hardware portion of the capital expenditure is Rs 2.19 lakh crore, a 21.8% increase over the previous year. This budget represents a deliberate change towards modernisation, emphasising indigenous […]
The Cabinet Committee on Parliamentary Affairs (CCPA) has proposed that the Union Budget for 2026–27 be presented on February 1, despite it being a Sunday. If approved, this will be an unusual occurrence as the government aims for timely implementation of budget proposals. The Budget Session will commence on January 28 with the President’s address, […]
