UNION BUDGET 2026: Impact on your wallet

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Cheaper: Medicines & Biotech

Tax relief under Biopharma SHAKTI (₹10,000 cr) may lower costs of biologics and essential medicines.

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Cheaper: Electronics Components

₹40,000 cr Electronics Components Manufacturing Scheme aims to reduce import dependence and device prices.

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Cheaper: Transport & Logistics

New freight corridors and waterways may cut transport costs for goods nationwide. Schemes: Dedicated Freight Corridor, 20 National Waterways

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Cheaper: MSME Products

With ₹10,000 cr SME Growth Fund + Self-Reliant India Fund Top-up (₹2,000 cr), small businesses may offer more competitively priced products.

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Costlier: Imports & Foreign Goods

Push for Make in India and domestic manufacturing may increase duties on select imported items.

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Costlier: Urban Living

Heavy spending on city infrastructure could raise property prices and rentals in major metros.

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Costlier: Energy Transition Phase

Shift towards green energy may raise short-term costs of fuel and electricity before stabilising.

Mixed Impact: Farming & Food

Tech-led farming and AI tools may lower wastage but input costs for farmers could rise initially.  Scheme: Bharat VISTAAR AI in agriculture

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