Union Budget 2026 aims to boost manufacturing and fiscal targets
pre-market1 source ↓written by the desknot a recommendation
- and a capital
- 15% increase in defence spending
- expenditure target
- ₹12.2 lakh crore
The Union Budget 2026, presented by Finance Minister Nirmala Sitharaman, aims to address manufacturing stagnation at 12.8% and achieve a fiscal deficit reduction to 4.3%. Key highlights include a 15% increase in defence spending and a capital expenditure target of ₹12.2 lakh crore. The discussions emphasize the need for increased private investment amid global economic challenges.
Not investment advice. For informational purposes only.