New Delhi, Feb. 2 -- India's 2026-27 Union Budget reinforces a "whole-of-country" approach to industrial development, with a strong emphasis on public-private collaboration in strategic sectors such as semiconductors, rail infrastructure and rare earths, V. Vualnam, Secretary, Department of Expenditure, Ministry of Finance, said on Monday.

"This budget reflects more than ever before a whole-of-country approach, where the government, industry, private sector and states work together," V. Vualnam, Secretary (Expenditure) in the Ministry of Finance, said in an interactive session organised by the Confederation of Indian Industry (CII).

"That approach is clearly visible in initiatives like the India Semiconductor Mission and infrastructure ...