On February 1, 2026, Finance Minister Nirmala Sitharaman presented the Union Budget 2026–27, outlining India’s fiscal and policy direction amid global economic challenges and domestic priorities. The Budget focused on strengthening infrastructure, expanding manufacturing and technology capabilities, supporting key sectors, and promoting inclusive growth.
New Delhi, 1 Feb 2026 – Finance Minister Nirmala Sitharaman presented the Union Budget 2026–27 in Parliament, outlining government priorities to strengthen India’s economy amid global volatility with a focus on manufacturing, technology, infrastructure, defence and exports.
The Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman, gave significant emphasis to strengthening India’s healthcare and pharmaceutical sectors, signalling a strategic shift toward building robust medical infrastructure, boosting manufacturing, and expanding research and training.
In the Union Budget 2026–27, Finance Minister Nirmala Sitharaman highlighted the shifting health challenges facing India and announced a major initiative to strengthen the country’s biopharmaceutical ecosystem. Central to her announcement was the launch of the “Biopharma Shakti” programme, backed by an allocation of ₹10,000 crore over the next five years to boost domestic capability in advanced drug manufacturing and healthcare innovation.
In the Union Budget 2026–27, Finance Minister Nirmala Sitharaman announced a comprehensive five-point programme aimed at boosting India’s textile industry — a major employer and export earner — with a focus on production growth, modernisation, skill development, and global competitiveness.
As Finance Minister Nirmala Sitharaman presented the Union Budget 2026–27 in Parliament — her ninth consecutive Budget — investors, business leaders and market participants reacted to the policy directions and economic priorities outlined in the speech.
In the Union Budget 2026–27, the Indian government has set a significantly higher target of ₹80,000 crore to be raised through disinvestment and asset monetisation under miscellaneous capital receipts, marking a major policy thrust on non-tax revenue sources.
India’s Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman, drew a wide range of responses from political leaders, industry experts, and market participants — with reactions reflecting both optimism and criticism.
Following the Budget announcement, several market and economic experts weighed in on its key measures:
Indian stock markets were expected to open higher on Sunday ahead of the presentation of the 2026–27 Union Budget by Finance Minister Nirmala Sitharaman, as investors looked for cues on government support for economic growth and export-oriented sectors.
In early trading, GIFT Nifty futures were indicating a positive start, suggesting the NSE Nifty 50 could open above its previous close of 25,320.65. Markets were operating in a special trading session on budget day, while debt and foreign exchange markets remained shut.
India’s federal government has announced a record increase in infrastructure spending, raising the capital expenditure allocation to ₹12.2 trillion ($133.1 billion) for the fiscal year 2026–27, Finance Minister Nirmala Sitharaman said in the Union Budget presented on February 1, 2026. This marks an 11.4% annual rise over previous allocations as the government continues to prioritise infrastructure as a key engine of economic growth.
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