Finance Minister Nirmala Sitharaman outlined a comprehensive strategy in her Union Budget 2026-27 speech to accelerate and sustain India’s economic momentum. She proposed targeted interventions across six pivotal areas, positioning the nation for robust manufacturing revival and inclusive prosperity.
Scaling Manufacturing in Seven Strategic Sectors
A major focus targets scaling up production in seven strategic sectors to boost global competitiveness and job creation. These interventions will enhance value chains, attract investments, and drive exports through innovation and infrastructure support.
Rejuvenating Legacy Industrial Sectors
Legacy industries receive renewed emphasis to modernize operations, adopt green technologies, and improve efficiency. This rejuvenation aims to preserve jobs while aligning traditional sectors with contemporary demands for sustainability and productivity.
Champion MSMEs for Economic Backbone
Creating champion Micro, Small, and Medium Enterprises (MSMEs) through enhanced credit, technology upgrades, and market access will strengthen India’s entrepreneurial ecosystem. These measures empower small businesses as engines of employment and innovation.
Infrastructure Delivery Push
A decisive push for infrastructure development spans roads, railways, ports, and digital connectivity, ensuring world-class facilities that underpin economic expansion. This includes accelerated projects to reduce logistics costs and enhance regional connectivity.
Long-Term Security and Stability
Provisions for long-term security and stability address fiscal discipline, social welfare, and defense modernization. These steps safeguard national interests while fostering a predictable environment for sustained investments.
City Economic Regions Development
Developing city economic regions will unlock urban potential through planned urbanization, skill hubs, and integrated economic corridors. This vision transforms cities into vibrant growth centers, balancing rural-urban development for holistic progress.
