February 1, 2026 12:25 PM

Budget 2026: Sitharaman outlines six key interventions to sustain growth

Union Finance Minister Nirmala Sitharaman on Sunday said the government has proposed targeted interventions across six key areas to accelerate and sustain India’s economic growth. Presenting the Union Budget in Parliament, the Finance Minister said the government remains committed to continuing reforms and maintaining steady momentum in economic policymaking. “The reform express is running on its way and will maintain its momentum to help us fulfil our Kartavya,” Sitharaman said, outlini...

February 1, 2026 12:22 PM

Budget 2026: Odisha, Kerala, Andhra, Tamil Nadu to have dedicated rare earth corridors

Finance Minister Nirmala Sitharaman on Sunday proposed support for mineral-rich states including Odisha, Kerala, Andhra Pradesh and Tamil Nadu to establish dedicated rare earth corridors. Announcing the proposal while presenting the Union Budget for 2026–27 in Parliament, Sitharaman said the initiative aims to strengthen domestic capacity in rare earth processing and manufacturing. “We now propose to support the mineral-rich states of Odisha, Kerala, Andhra Pradesh and Tamil Nadu to establ...

February 1, 2026 12:20 PM

Budget 2026: Sitharaman allocates Rs 10000 crore to make India biopharma hub

Finance Minister Nirmala Sitharaman on Sunday proposed a major push to India’s biopharmaceutical sector through a new Bio Pharma Shakti programme, with an allocation of ₹10,000 crore over the next five years. Presenting the Union Budget in Parliament, the Finance Minister said the initiative aims to build a strong ecosystem for biopharmaceuticals and biosimilars, strengthening domestic manufacturing and innovation capacity in the sector. Among other announcements, Sitharaman proposed scali...