Union Budget 2026–27 puts MSMEs at the core of India’s global growth strategy

February 15, 2026 1:02 PM

Union Budget 2026–27 puts MSMEs at the core of India’s global growth strategy

The Union Budget 2026–27 places Micro, Small and Medium Enterprises (MSMEs) at the centre of India’s growth story, unveiling a comprehensive strategy to transform them into globally competitive champions. Recognising the sector’s pivotal role in employment generation and exports, the Budget proposes a three-pronged approach—equity support, liquidity enhancement and professional capacity-building—to strengthen MSMEs at scale. MSMEs remain one of the most dynamic pillars of India’s ec...

Budget to make India a global hub for innovation, advanced manufacturing: SBI Chairman

February 2, 2026 9:22 AM

Budget to make India a global hub for innovation, advanced manufacturing: SBI Chairman

The Budget for 2026-27 is a significant step toward making India a global hub for innovation and advanced manufacturing with global competitiveness as the lynchpin, says Challa Sreenivasulu Setty, Chairman, State Bank of India. The Budget maintains policy continuity, tax predictability while attempting a fine balance between rural and urban, legacy and sunrise sectors. "This year’s Budget has both predictable and futuristic elements. The predictable part is the basic structure which remains ...

Union Budget 2026–27: major push for employment-intensive textile sector

February 1, 2026 5:28 PM

Union Budget 2026–27: major push for employment-intensive textile sector

The Union Budget 2026–27 has announced a major push for the employment-intensive textile sector, recognising its critical role in job creation, exports, rural livelihoods and sustainable manufacturing.  Presenting the Budget, Finance Minister Nirmala Sitharaman said the government aims to enhance competitiveness, self-reliance and employment generation in the textile sector through an Integrated Programme for the Textile Sector. The programme seeks to provide end-to-end support across raw ma...

Budget 2026-27: ₹12.2 lakh crore public capex proposed to drive growth

February 1, 2026 3:26 PM

Budget 2026-27: ₹12.2 lakh crore public capex proposed to drive growth

Union Finance Minister Nirmala Sitharaman on Sunday announced a major push to infrastructure-led growth, proposing a public capital expenditure of ₹12.2 lakh crore for the financial year 2026–27, as part of the government’s strategy to accelerate economic growth, enhance productivity and build resilience against global uncertainties. Presenting the Union Budget 2026–27 in Parliament, the Finance Minister said that boosting public investment remains the government’s foremost responsibi...