Union Finance Minister Nirmala Sitharaman made history by presenting her ninth consecutive Union Budget on Sunday. The Budget will outline the government’s estimated receipts and expenditure for FY 2026–27.
12:36 PM, 1st Feb
The Sensex fell 2300 points after FM Sitharaman finished her record 9th budget speech.
12:29 PM, 1st Feb
Scheme for Small Taxpayers to be launched, wherein rule-based automated process will enable obtaining a lower or NIL deduction certificate, instead of filing application with the assessing officer
Tax holiday till 2047 to be provided to any foreign company which provides cloud services to customers globally for using data centre services from India, it will however need to provide services to Indian customers through an Indian reseller entity
Exemption from Income Tax for five years for any non-resident who provides capital goods, equipment or tooling to any toll manufacturer in a bonded zone
- Finance Minister Nirmala Sitharaman
12:27 PM, 1st Feb
Divyang Jan Kaushal Yojana
Dignified livelihood opportunities through industry-relevant trainings to be provided to each Divyang Jan group
Divyang Sahara Yojana - to support ALIMCO to set up and scale up production of assistive devices; assistive tech marts to be set up
- Finance Minister Nirmala Sitharaman
12:25 PM, 1st Feb
Self Help Entrepreneur (SHE) - Marts to be set up as community-owned retail outlets within cluster-level federations, to promote rural women-led enterprises
- Finance Minister Nirmala Sitharaman
12:24 PM, 1st Feb
Bharat VISTAR (Virtually Integrated System To Access Agricultural Resources) - a multilingual AI tool that will integrated existing portals on agri practices with AI systems - to be introduced to enable better decisions by farmers
- Finance Minister Nirmala Sitharaman
12:22 PM, 1st Feb
Coconut Promotion Scheme to be launched, to improve production and competition
Dedicated programme for Indian cashew and cocoa to make India self-reliant
- Finance Minister Nirmala Sitharaman
12:21 PM, 1st Feb
High value crops to be supported, to diversify farm output, increase productivity and create new employment opportunities
- Finance Minister Nirmala Sitharaman
12:20 PM, 1st Feb
Initiatives to be taken for Integrated Development of 500 Reservoirs and Amrit Sarovars
Fisheries value chain in coastal areas to be strengthened
- Finance Minister Nirmala Sitharaman
12:18 PM, 1st Feb
Khelo India Mission to Transform Sports Sector to be launched
1) Integrated talent development pathway
2) Development of Coaches and support staff
3) Integration of sports science and technology
4) competitions and leagues to promote sports culture
5) Development of sports infra for training and competitions
- Finance Minister Nirmala Sitharaman
12:16 PM, 1st Feb
15 archaeological sites to be developed into vibrant experiential cultural destinations
- Finance Minister Nirmala Sitharaman
12:15 PM, 1st Feb
States to be supported in creating five university townships in the vicinity of industrial and academic corridors
1 Girls' Hostel to be set up in every district, through VGF or capital support
- Finance Minister Nirmala Sitharaman
12:14 PM, 1st Feb
New National Institute of Design to be set up in eastern region of India
- Finance Minister Nirmala Sitharaman
12:13 PM, 1st Feb
Indian Institute of Creative Technologies Mumbai to be supported in setting up AVGC Content Creator Labs in 15,000 secondary schools and 500 colleges
- Finance Minister Nirmala Sitharaman
12:11 PM, 1st Feb
Loan-linked Capital Subsidy Scheme to be launched, to scale up availability of veterinary professionals by more than 20,000; veterinary and para-veterinary colleges and diagnostic labs and breeding facilities to be set up
- Finance Minister Nirmala Sitharaman
12:09 PM, 1st Feb
Steps for promoting Ayurveda
1) 3 new All India Institutes of Ayurveda to be set up
2) Upgrading AYUSH Pharmacies and testing labs for higher standards
3) Upgrading WHO Global Traditional Medicine Centre in Jamnagar
- Finance Minister Nirmala Sitharaman
12:07 PM, 1st Feb
Measures for New Career Pathways for Youth, in Health Sector
1) Existing institutions for Allied Health Professionals to be upgraded, new AHP institutions to be set up, covering 10 selected disciplines
2) Strong care system to be built, variety of programmes to be developed to train care professionals
3) Scheme to be launched to support states in setting up five regional Medical Tourism Hubs
- Finance Minister Nirmala Sitharaman
12:05 PM, 1st Feb
High Powered Education to Employment and Enterprises Standing Committee to be set up, to recommend measures focusing on services sector as a core driver of Viksit Bharat
- Finance Minister Nirmala Sitharaman
12:04 PM, 1st Feb
Individual Persons Resident Outside India to be permitted to invest in equity instruments of listed Indian companies through Portfolio Investment Scheme
- Finance Minister Nirmala Sitharaman
12:03 PM, 1st Feb
Municipal Bonds: Incentive of Rs. 100 crores to be given for single bond issuance of more than Rs. 1000 crores, to encourage issuance of bonds of higher value by larger cities
- Finance Minister Nirmala Sitharaman
12:02 PM, 1st Feb
High-level Committee on Banking for Viksit Bharat to be set up to comprehensively review banking sector and align it with India's next phase of growth
- Finance Minister Nirmala Sitharaman
11:59 AM, 1st Feb
7 High Speed Rail Corridors between cities to be developed, as growth connectors
1) Mumbai to Pune
2) Pune to Hyderabad
3) Hyderabad to Bengaluru
4) Hyderabad to Chennai
5) Chennai to Bengaluru
6) Delhi to Varanasi
7) Varanasi to Siliguri
- Finance Minister Nirmala Sitharaman
11:58 AM, 1st Feb
Public capital expenditure has increased manifold
In FY 2026-2027, capex to be increased to Rs. 12.2 lakh crores to continue the growth momentum
- Finance Minister Nirmala Sitharaman
11:57 AM, 1st Feb
Incentives to be given for indigenous manufacturing of sea planes
- Finance Minister Nirmala Sitharaman
11:54 AM, 1st Feb
Measures to promote environmentally sustainable cargo movement
1) New dedicated freight corridors
2) 20 new National Waterways in next 5 years
3) Training institutes to be set up
4) Ship repair ecosytem for inland waterways to be set up in Varanasi and Patna
5) Coastal Cargo Promotion Scheme to be launched to increase share of inland waterways and coastal shipping
- Finance Minister Nirmala Sitharaman
11:52 AM, 1st Feb
Infrastructure Risk Guarantee Fund to be set up to provide credit guarantee to lenders
- Finance Minister Nirmala Sitharaman
11:51 AM, 1st Feb
We will continue to focus on developing infrastructure in tier-2 and tier-3 cities
- Finance Minister Nirmala Sitharaman
11:49 AM, 1st Feb
Government will facilitate professional institutions such as ICAI, ICSI and ICMAI to design modular courses and practical tools to develop a cadre of corporate Mitras, to help MSMEs meet compliance requirements at low cost
- Finance Minister Nirmala Sitharaman
11:47 AM, 1st Feb
3-pronged approach to create champion MSMEs
1) Dedicated Rs. 10,000 crores for SME Growth Fund
2) Self Reliant India Fund to be topped up, with Rs. 2,000 crores
3) To leverage full potential of TREDS, four measures to be introduced, to improve liquidity support for MSMEs
- Finance Minister Nirmala Sitharaman
11:42 AM, 1st Feb
Dedicated initiative to be launched, for sports goods, which will promote manufactring, research and innovation in equipment design and material sciences
- Finance Minister Nirmala Sitharaman
11:41 AM, 1st Feb
India Semiconductor Mission
Building on ISM 1.0, ISM 2.0 to be launched, to produce equipment and materials and Indian IP
To also focus on industry led research centres and training centres
- Finance Minister Nirmala Sitharaman
11:38 AM, 1st Feb
Mahatma Gandhi Gram Swaraj Initiative to be launched, to strengthen Khadi, handloom and handicrafts
- Finance Minister Nirmala Sitharaman
11:37 AM, 1st Feb
Integrated programme for textiles sector to be launched, with 5 sub parts
1) National Fibre Scheme for self reliance in natural fibres
2) Textile Expansion and Employment Scheme to modernize traditional clusters
3) National Handloom and Handicraft Programme to strengthen existing schemes
4) Tex Eco Initiatve to promote sustainable textiles
5) SAMARTH 2.0 to modernize and upgrade skilling ecosystem
In addition, Mega Textiles Parks to be set up in challenge mode
- Finance Minister Nirmala Sitharaman
11:36 AM, 1st Feb
Hitech Tool Rooms to be set up by CPSEs at two locations, as Digitally Enabled Automated Service Bureaus which manufacture high precision components at scale and lower cost
Scheme for Enhancement of Construction and Infra Equipment to be introduced to enhance domestic manufacturing of high value and technologically advanced CIE
Scheme for container manufacturing to be launched, with allocation of Rs. 10,000 crores
- Finance Minister Nirmala Sitharaman
11:35 AM, 1st Feb
To enhance domestic chemical production and reduce import dependency, Scheme to be launched to support states in establishing three dedicated chemical parks
- Finance Minister Nirmala Sitharaman
11:32 AM, 1st Feb
Scheme for Rare Earth Permanent Magnets, launched in November 2025, to support mineral rich states of Odisha, Kerala, Andhra Pradesh and Tamil Nadu in setting up dedicated rare earth corridors, to promote mining, research, processing and manufacturing
- Finance Minister Nirmala Sitharaman
11:30 AM, 1st Feb
Electronics Components Manufacturing Scheme
Outlay of scheme to be increased to Rs. 40,000 crores to capitalize on the momentum obtained already
- Finance Minister Nirmala Sitharaman
11:26 AM, 1st Feb
To develop India as a global bio pharma manufacturing hub, Bio Pharma SHAKTI to be launched with outlay of Rs. 10,000 crores over five years
Will build ecosystem for domestic production of bio pharma products
Three new national institutes to be set up, 7 existing institutes to be upgraded
1000 accredited India Clinical drug trial sites to be set up
- Finance Minister
11:23 AM, 1st Feb
Interventions proposed in 6 areas to propel growth
Scaling manufacturing in 7 frontier sectors
Rejuvenating legacy industrial sectors
Creating champion MSMEs
Infrastructure push
Ensuring long term growth and stability
Developing City Economic Regions
- Finance Minister
11:20 AM, 1st Feb
Reform Express is well on its way and will maintain momentum to help us fulfill our Kartavya
- FM Nirmala Sitharaman
11:18 AM, 1st Feb
Our government's Sankalp is to focus on the poor and disadvantaged.
We aim to accelerate economic growth.
To fulfill aspirations of our people
To ensure that every family, community, region and sector has access to resources, amenities and opportunities for meaningful participation
- FM Nirmala Sitharaman
11:11 AM, 1st Feb
India will continue to take confident steps towards Viksit Bharat.
India must also remain deeply integrated with global markets, exporting more and attracting stable long term investment.
We are forging our way to becoming one of the largest economies of the world.
We want the dividends of growth to reach everyone.
- Finance Minister Sitharaman
11:03 AM, 1st Feb
Finance Minister Nirmala Sitharaman is presenting her record 9th Union Budget 2026 in Parliament.
10:48 AM, 1st Feb
The Union Cabinet headed by Prime Minister Narendra Modi on Sunday approved the Union Budget 2026-27. Following the approval, Finance Minister Nirmala Sitharaman will present her ninth record Budget in the Lok Sabha.
10:03 AM, 1st Feb
Finance Minister Nirmala Sitharaman arrives at Parliament with her team ahead of Union Budget 2026-27.
