Union Budget 2026-27 Today: LIVE UPDATES

a dedicated initiative for sports goods that will promote manufacturing, research, and innovation in equipment as well as material sciences.

Proposal - Set up mega textile farms which can focus on bringing value to technical textiles.

Rare Earth metals - support mineral rich states of Orissa and Tamil Nadu and promote mining process. Enhancing domestic chemical production and reduction of import dependency.

Semi Conductors - focus on industrial research and training centres to develop technology and skill workforce. Plan to increase the outlay to 48000 crores.

Bio Pharma Shakti with outlay of 10000 Crores for net 5 years.

Three new NIPERS and upgrading 7 existing ones.

Create a network of accredited clinical trial sites.

Strengthen the central drug standard control organization to meet global standards .

FM presents the proposals -

Scaling of manufacturing in 7 strategic frontiers.

Creating champion MSMEs.

Delivering powerful push for infrastructure ensuring long term security and stability.

Developing City economic regions.

Sitharaman: cutting edge technology including AI application can serve as force multiplier for better governance.

Sitharaman: this is a unique Yuva Shakti driven budget.

Sitharaman: India will continue to take steps towards Viksit Bharat balancing ambition with inclusivity. India must be integrated with global markets exporting more and attracting stable long term investment.

Budget session begins.

Finance Minister Nirmala Sitharaman begins the Budget address.