Union Budget 2026: Nirmala Sitharaman proposes these steps to accelerate economic growth, deets inside

Union Budget 2026: Nirmala Sitharaman proposes these steps to accelerate economic growth, deets inside

New Delhi: Finance Minister Nirmala Sitharaman is presenting the Union Budget 2026 in the Lok Sabha. The Finance Minister has proposed a slew of steps to accelatate the Econimic growth. During her speech, the Finance Minister that initiatives are being proposed across six sectors to accelerate economic growth. She further added that a proposal has been made to launch initiatives across seven sectors to speed up economic growth, with a focus on accelerating manufacturing in strategic and sunrise sectors.

Here are some of the key details:

  • Finance Minister Nirmala Sitharaman said that initiatives are being proposed across six sectors to accelerate economic growth.
  • A proposal has been made to launch initiatives across seven sectors to speed up economic growth, with a focus on accelerating manufacturing in strategic and sunrise sectors.
  • Revitalisation of legacy industrial areas.
  • Creation of champion MSMEs.
  • Strong impetus to infrastructure development.
  • Ensuring long-term energy security and sustainability.
  • Development of economic zones in cities.

India’s semiconductor mission 2.0

The Modi government will launch ISM 2.0 to produce equipment and materials, design full-stack Indian IT and fortify supply chains building on the India’s semiconductor mission 1.0. Propose to increase the outlay for Electronics Components Manufacturing Scheme to