FM Sitharaman tables Budget in Parliament: How to download Union Budget 2026 PDF

The Union Budget 2026 was presented by Finance Minister Nirmala Sitharaman in Parliament today, February 1. Among the key announcements, the government outlined major reforms and allocations across sectors, including manufacturing, defence, education, railways, healthcare, semiconductors and women-led entrepreneurship.

FM Sitharaman proposed measures to ease compliance, boost domestic production, strengthen financial stability and support long-term economic growth of the country.

Budget 2026 key announcements

• Launch of Biopharma SHAKTI with an outlay of ₹10,000 crore

• Rollout of India Semiconductor Mission (ISM) 2.0

• Increase in the Electronics Components Manufacturing Scheme outlay to ₹40,000 crore

• Creation of a ₹10,000 crore SME Growth Fund

• Support for Rare Earth Corridors in select states

• Setting up of a High-Level Committee on Banking for Viksit Bharat

• Higher limits for PROI investments in listed companies

• Changes in STT rates on futures and options

• Basic customs duty exemption for many things, including for nuclear power project imports till 2035

FM Sitharaman made many other important announcements for key sectors of the Indian economy.

"We have pursued far-reaching structural reforms, fiscal prudence, and monetary stability whilst maintaining a strong thrust on public investment. Keeping atmanirbharta as a lodestar, we have built domestic manufacturing capacity, energy security and reduced critical import dependencies. Simultaneously, we have ensured that citizens benefit from every action of the Government, undertaking reforms to support employment generation, agricultural productivity, household purchasing power and universal services to people," FM Sitharaman said.

"These measures have delivered a high growth rate of around 7% and helped us make substantial strides in poverty reduction and improvement in the lives of our people," she added.