Top 10 Union Budget 2026 Announcements

1. Record Infrastructure Spending:
   Public capital expenditure (CAPEX) raised to a record ₹12.2 lakh crore to fuel roads, railways, urban infrastructure, logistics and growth corridors. (The Times of India)

2. Income-Tax Reforms:
   Major personal tax relief with higher non-taxable limits and simplified tax structure aimed at increasing disposable income for middle-class taxpayers. (The Economic Times)

3. Rare Earth Corridors & Chemical Parks:
   Launch of rare earth corridors and specialised chemical parks to strengthen strategic manufacturing and value chains. (The Times of India)

4. India Semiconductor Mission 2.0:
   A next-generation semiconductor ecosystem with ₹40,000 crore support to boost domestic chip manufacturing, technology innovation, and global supply chain integration. (The Times of India)

5. Three-Kartavya Framework for Growth:
   Introduction of the three-Kartavya framework focusing on inclusivity, resilience, and universal access to accelerate long-term growth. (The Times of India)

6. Railways & Connectivity Push:
   Continued investment in Vande Bharat sleeper trains, logistics corridors, metro and regional connectivity to improve mobility and economic links. (The Times of India)

7. SME & MSME Support Fund:
   Proposals for a ₹10,000 crore fund to support small and medium enterprises for expansion, innovation, credit access, and competitiveness. (The Times of India)

8. Boost to Defence & Strategic Sectors:
   Enhanced allocation for defence modernisation, indigenous production and technological self-reliance. (The Times of India)

9. Fiscal Discipline & Deficit Targeting:
   Government set a target to maintain fiscal deficit around ~4.3% of GDP, balancing growth objectives with sustainable finances. (livemint.com)

10. Focus on Jobs, Education & Health:
    Expanded schemes for skills development, girls’ education facilities, medical infrastructure and rural health services — bringing long-term human capital benefits. (The Economic Times)

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📌 Quick Summary

The Union Budget 2026 emphasized economic growth, tax relief, strategic manufacturing, infrastructure investment, and inclusive development — marking a policy blend of relief for citizens and stronger foundations for future economic leadership.