New Delhi, Feb. 1 -- While presenting the Union Budget 2026-27, Union Finance Minister Nirmala Sitharaman proposed an outlay of Rs 20,000 crores over the next 5 years for Carbon Capture, Utilisation and Storage (CCUS) technologies to scale up and increase readiness in end-use applications.

Speaking in the Lok Sabha, Sitharaman also proposed a Coconut Promotion Scheme aimed at increasing production and improving productivity to boost India's competitiveness in coconut cultivation.

In her Union Budget 2026-27 presentation in the Lok Sabha, Sitharaman said the scheme will focus on major coconut-growing states and include measures such as replacing nonproductive trees with high-yielding saplings.

"To further enhance competitiveness in coco...