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Budget FY27: India approves second semiconductor scheme, electronics incentive increased to Rs.40,000 crore

NEW DELHI, Feb. 1 -- India approved a second tranche of its semiconductor incentive programme, India Semiconductor Mission 2.0 (ISM 2.0) in the Union Budget 2026-27. The scheme aims to push domestic c... Read More


Union Budget 2026: Government announces Rs.10,000 crore outlay for Biopharma Shakti scheme

New Delhi, Feb. 1 -- Union Finance Minister Nirmala Sitharaman has announced in the Union Budget 2026 that the central government is planning a Biopharma Shakti scheme with Rs.10,000 crore outlay in o... Read More


Union Budget 2026: Centre To Launch INR 10K Cr Fund For SMEs

India, Feb. 1 -- The Centre will launch INR 10,000 Cr fund for small and medium enterprises (SMEs) to create champions of tomorrow, finance minister Nirmala Sitharaman said in Budget speech. The fund... Read More


Union Budget 2026: Capital Goods Manufacturing Gets A Shot In The Arm

India, Feb. 1 -- During her Budget speech on Sunday,finance minister Nirmala Sitharaman announced a set of initiatives aimed at strengthening India's capital goods manufacturing capabilities. The FM s... Read More


'We face an external environment...': Sitharaman's Budget focuses on trade, multilateralism amid Trump tariff threat

India, Feb. 1 -- Amid the presentation of the Union Budget 2026, finance minister Nirmala Sitharaman has highlighted the need for multilateralism. The union minister's remarks on Sunday comes as India... Read More


Nirmala Sitharaman announces Semiconductor Mission 2.0, rare earth corridors

India, Feb. 1 -- Finance Minister Nirmala Sitharaman on Sunday announced the Indian Semiconductor Mission (ISM) 2.0 to expand the country's semiconductor capabilities. She said that under the mission,... Read More


FM announces CAPEX of Rs 12.02 lakh crore for FY27

Mumbai, Feb. 1 -- India earmarks capex of Rs 12.02 lakh crore in FY27, Nirmala Sitharaman stated in her budget speech, keeping the overall momentum in infrastructure spending supported. Published by ... Read More


Budget 2026: Outlay For Electronics Component Manufacturing Scheme Raised To INR 40,000 Cr

India, Feb. 1 -- In her Budget 2025 speech on February 1, 2026, finance minister (FM) Nirmala Sitharaman proposed to increase the outlay of the existing Electronics Component Manufacturing Scheme (ECM... Read More


Union Budget 2026: Govt proposes scheme to revive 200 legacy industrial clusters

New Delhi, Feb. 1 -- Finance Minister Nirmala Sitharaman has proposed a scheme to rejuvenate 200 legacy industrial clusters as she presented her 9th consecutive Union Budget 2026. Presenting the Budge... Read More


Nirmala Sitharaman, in Budget speech, says these 6 sectors need intervention. Check details

India, Feb. 1 -- Union Finance Minister Nirmala Sitharaman delivered her ninth consecutive Union Budget speech on Sunday. During her speech, the Finance Minister said the Centre had focused on "refor... Read More