Page 4 - NIS English 16-28 Feb, 2026

FROM THE EDITOR'S DESK...

Union Budget 2026-27

A People’s Budget envisioning Viksit Bharat

Greetings, through provisions such as the Bharat Expansion
The Union Budget 2026-27, presented on Feb- AI tool. To empower women and provide easy
ruary 1, 2026, is a visionary and inclusive budget market access for products from women’s Self-
that will accelerate India’s journey towards a Viksit Help Groups (SHGs), the establishment of SHE
Bharat by 2047. Today, India is the world’s fast- Marts is proposed. The budget also includes steps
est-growing economy. This budget is a significant for promoting the Orange Economy and content
step towards making India the world’s third-larg- creation by establishing AVGC (Animation, Visual
est economy. It includes numerous steps to Effects, Gaming, and Comics) content creator labs
realize the dream of a self-reliant India. in 15,000 schools and 500 colleges. The budget, in
The Union Budget 2026-27 outlines three key line with the “Sabka Saath, Sabka Vikas” approach,
objectives, with accelerating economic growth highlights increasing farmers’ income, empower-
being the first. Under this objective, whether it’s ing persons with disabilities, focusing on mental
developing India as a global biopharma manufac- health and trauma care, and further enriching
turing hub or launching the India Semiconductor the Purvodaya (Eastern India) and North-Eastern
Mission 2.0, the Government of India is steadfast- regions as its third priority. The Union Budget
ly working to enhance the country’s production 2026-27 is this issue’s cover story.
capacity. The Union Budget 2026-27 proposes in- The personality section includes a feature on
creasing the budget for the Electronic Component Budhu Bhagat, the hero of the Larka rebellion.
Manufacturing Scheme to ₹40,000 crore. It also President Droupadi Murmu’s address to Parlia-
proposes the establishment of a dedicated Rare ment, the Padma Awards 2026, Prime Minister
Earth Corridor to encourage mining, processing, Narendra Modi’s fortnightly events, Pariksha Pe
research, and manufacturing. Furthermore, it Charcha - 9th edition and decisions of the Union
proposes setting up three chemical parks for Cabinet are other highlights. Additionally, the
self-reliance in the chemical sector and introduc- magazine features special content on Mann Ki
ing a container manufacturing scheme with a Baat on the inside page and the Beating Retreat
budget allocation of ₹10,000 crore over a period ceremony on the back cover.
of five years.
This budget identifies fulfilling people’s Kindly keep sending us your suggestions.
aspirations and enhancing capabilities as the
second objective. It places special emphasis on
job creation, skill development, and capacity
building, with a focus on empowering the youth.
The budget also emphasizes benefiting farmers
(Dhirendra Ojha)

Read/Download the magazine available in Hindi, English and 11 other languages.
https://newindiasamachar.pib.gov.in/