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Gopocket Live Updation (Budget 2026): Govt chose reforms over rhetoric,' says FM Sitharaman

Gopocket Live Updation (Budget 2026): Capex proposed at Rs 12.2 lakh crore for FY 2026-27

Gopocket Live Updation (Budget 2026): From SME growth fund to developing textile skilling system - Sitharaman makes key announcements Here’s what all FM Sitharaman has announced up until now: – 10,000 cr SME growth fund – Sitharaman proposed National Fibre Scheme – New plan to develop textile skilling system – 3 rare earth corridors – To support micro enterprises with Rs 2000 cr fund

Gopocket Live Updation (Budget 2026): 'India will continue to take confident steps towards Viksit Bharat,' says FM Union FM Nirmala Sitharaman says, "Today, we face an external environment in which trade and multilateralism are in imperent and access to resources and supply chains are disrupted. New technologies are transforming production systems while sharply increasing demands on water, energy and critical minerals. India will continue to take confident steps towards Viksit Bharat, balancing ambition with inclusion. As a growing economy with expanding trade and capital needs, India must also remain deeply integrated with global markets, exporting more and attracting stable long term investment."

Gopocket Live Updation (Budget 2026): Reform Express’ to help government fulfill its kartavya Finance Minister Nirmala Sitharaman on Sunday said the government would press ahead with its reform agenda. Presenting her ninth consecutive Budget, she noted that the “reform express” remains on track and will keep up its momentum as the government works to fulfil its duties. “Our government has undertaken comprehensive reforms towards creating employment, boosting productivity and accelerating growth.After the Prime Minister's announcement on Independence Day in 2025 over 350 reforms have been rolled out. This includes GST simplification, notification of labor codes and registration of mandatory quality control orders. High level committees have been formed. And in parallel, the central government is working with the State governments on deregulation and reducing compliance requirements,” she said.

Gopocket Live Updation (Budget 2026): Budget proposes Rs 10,000 crore SME growth fund The Finance Minister also proposed a Rs 10,000 crore SME growth fund. She said the government will support micro enterprises with a Rs 2,000 crore fund. The government has also mandated the TReDS settlement platform to provide liquidity support to MSMEs.

Gopocket Live Updation (Budget 2026): We have pursued far-reaching structural reforms, fiscal prudence and monetary stability, while maintaining a strong thrust on public investment. Keeping Atmanirbharta as a lodestar, we have built domestic manufacturing capacity, energy security and reduced critical import dependencies," she added.

Gopocket Live Updation (Budget 2026): 'I propose interventions in six areas-scaling up manufacturing in 7 strategic sectors,' says FM

Gopocket Live Updation (Budget 2026): Four states to establish dedicated rare earth corridors, says FM Scheme for rare earth permanent magnets was launched in 2025 November. We now propose to support the mineral rich states of Odisha, Kerala, Andhra Pradesh and Tamil Nadu to establish dedicated rare earth corridors to promote mining, processing, research and manufacturing. To enhance domestic chemical production and reduction in import dependency, we will launch a scheme to support states in establishing three dedicated chemical arks through challenge route on a cluster-based plug-and-play model.

Gopocket Live Updation (Budget 2026): Rs 10,000 crore initiative for Biopharma Finance Minister Nirmala Sitharaman proposes Biopharma Shakti with an outlay of Rs 10,000 crore over the next five years to develop India as a global biopharma manufacturing hub.

Gopocket Live Updation (Budget 2026): FM proposes interventions in 6 sectors Union Finance Minister Nirmala Sitharaman said the government has kept self-reliance at the centre of its policies, focusing on building strong domestic manufacturing, improving energy security, and cutting dependence on critical imports. She said the government has also worked to ensure that people benefit from its decisions by pushing reforms that support job creation, boost farm productivity, raise household spending power, and expand access to essential services. According to her, these steps have helped India achieve an average growth rate of around 7%, reduce poverty, and improve living standards across the country.

Gopocket Live Updation (Budget 2026): FM outlines 3 kartavyas to boost structural reforms Finance Minister Nirmala Sitharaman outlined 3 kartavyas for the Indian governement with the aim to boost structural reforms. These are: 1. Accelerate and sustain growth 2. Fulfil aspiration of people, families and making them strong partners 3. Sabka sath sabka vikas – every family, community, region has access to resources and amenities

Gopocket Live Updation (Budget 2026): Union Finance Minister Nirmala Sitharaman has kicked off her ninth consecutive Union Budget. Key highlights up until now: -India’s econmoictrajectory marked by stability growth and moderate inflation – Govt decisvely chose reform over rhetoric , action over ambivalence – India will continue to take confident steps – Policy decision enabled strong macroecon stability – We have prusued – India must remain deepley integrated with global markets

Gopocket Live Updation (Budget 2026): 'India's semiconductor mission, 1.0 expanded India's semiconductor sector capabilities'

Gopocket Live Updation (Budget 2026): Biologic medicines are key to longevity and quality of life at affordable costs,' says FM

Gopocket Live Updation (Budget 2026): Government’s focus on poor, underprivileged and the disadvantaged

Gopocket Live Updation (Budget 2026): India to continue moving towards Vikasit Bharat

Gopocket Live Updation (Budget 2026): Tax collections may miss Budget target by Rs 3 trn: Nuvama Nuvama expects tax collections to fall short of budget estimates by about Rs 3 trillion, due to weaker direct tax growth such as slower economy and weak capital gains and lower indirect tax collections such as GST cuts effective from September 2025 and softer demand. As a result, gross tax revenue is expected to grow only 4% in FY26, according to Nuvama. This is much lower than the 13% growth projected in the Budget. The January, 2026 GST collection stood at Rs 1.93 lakh crore.

Gopocket Live Updation (Budget 2026): Presenting Union Budget 2026-27. Union Finance Minister Nirmala Sitharaman says," Since we assumed office 12 years ago, the country's economic trajectory has been marked by stability, fiscal discipline, sustained growth and moderate inflation. This is the result of conscious choices we have made even in times of uncertainty and disruptions."

Gopocket Live Updation (Budget 2026): Budget 2026–27 to balance growth support and macro stability: Axis Direct