Three Kartavyas

  • Accelerate & sustain economic growth
  • Build people’s capacity & aspirations
  • Ensure inclusive development (Sabka Saath, Sabka Vikas)

Macro Numbers

  • Total Expenditure: ₹53.5 lakh crore
  • Capital Expenditure: ₹12.2 lakh crore
  • Fiscal Deficit (BE 2026–27): 4.3% of GDP
  • Debt-to-GDP: 55.6%

Growth & Manufacturing Push

  • Biopharma SHAKTI – ₹10,000 cr (5 yrs)
  • India Semiconductor Mission 2.0
  • Electronics Components Scheme → ₹40,000 cr
  • Rare Earth Corridors in Odisha, Kerala, AP, TN
  • 3 Chemical Parks & Hi-Tech Tool Rooms
  • Container Manufacturing Scheme – ₹10,000 cr

Textile & MSME

  • National Fibre Scheme
  • Mega Textile Parks (challenge mode)
  • ₹10,000 cr SME Growth Fund
  • Self-Reliant India Fund + ₹2,000 cr

Infrastructure & Connectivity

  • Infrastructure Risk Guarantee Fund
  • New Dedicated Freight Corridor (Dankuni–Surat)
  • 20 new National Waterways
  • Coastal Cargo Promotion Scheme
  • 7 High-Speed Rail Corridors

Energy & Environment

  • ₹20,000 cr for Carbon Capture (CCUS)

People & Human Capital

  • 1 lakh Allied Health Professionals in 5 yrs
  • 5 Regional Medical Hubs
  • 3 new All India Institutes of Ayurveda
  • Khelo India Mission
  • Girls’ hostel in every district (VGF)

Agriculture

  • Integrated development of 500 reservoirs & Amrit Sarovars
  • Coconut Promotion Scheme
  • Bharat-VISTAAR (AI agri platform)

Social Inclusion

  • Divyangjan Kaushal Yojana
  • NIMHANS-2 in North India
  • Focus on Purvodaya & North-East

Direct Tax Reforms

  • New Income Tax Act, 2025 from April 2026
  • MACT interest exempt from tax
  • TCS on foreign tour & LRS (education/medical) → 2%
  • Time to revise return extended till 31 March
  • Non-disclosure of foreign assets < ₹20 lakh → immunity from prosecution
  • MAT to become final tax at 14%

Boost to IT & Global Investment

  • Safe Harbour margin for IT services → 15.5%
  • Tax holiday till 2047 for foreign cloud firms using Indian data centres

Indirect Taxes & Customs

  • Duty exemptions for EV batteries, solar glass, nuclear projects
  • Tariff on personal imports reduced to 10%
  • BCD exempt on 17 medicines
  • Single digital window for cargo clearance