The second phase of the Budget session starts on March 9, and it is scheduled to go up to April 2, during which essential legislative and other business is expected to be addressed primarily.
Addressing a post-Budget seminar virtually also attended by Finance Minister Nirmala Sitharaman, PM Narendra Modi said his government has simplified processes, enhanced the ease of doing business, expanded technology-led governance, and strengthened institutions.
Publication of the Annual Economic Survey, a day before the Union Budget, is a much-awaited event.
Sitharaman also stated that the Centre is planning to set up mega textile parks and welcomed states to enter the industrial textiles sector.
The Union Budget 2026-2027 announced the setting up of a second National Institute of Mental Health and Neuro Sciences (NIMHANS-2) in northern India.
In its “Prelude to Union Budget 2026–27”, SBI Research projects India’s fiscal deficit at around 4.2 per cent of GDP in FY27, supported by nominal GDP growth of 10.5–11 per cent, despite potential inflationary pressures from global commodities.
In its pre-Budget recommendations, the apex real estate body suggested raising the existing deduction limit for interest on home loans for self-occupied houses fromRs 2 lakh to at least Rs 5 lakh.
India approaches the Union Budget with a troubling paradox. Inflation is low, prices appear contained, and stability is widely celebrated.
The Indian Micro-Fertilizers Manufacturers Association (IMMA) has written to the Union Government pressing for major policy changes ahead of the Union Budget 2026–27 to support the fertiliser sector’s competitiveness and ease of business.
Ahead of the Union Budget 26-27, PM Modi to meet today top economists and sectoral experts, including NITI Aayog Vice Chairman and CEO.
