Historic Union Budget 2026–27 Focuses on Rural and Agricultural Advancement
The Union Budget 2026–27, led by Prime Minister Narendra Modi and presented by Finance Minister Nirmala Sitharaman, has been deemed 'historic and unprecedented' by Union Minister Shri Shivraj Singh Chouhan. With a notable 21% increase in the Rural Development budget and a ₹1.32 lakh crore allocation for agriculture, the budget emphasizes empowering farmers, women, and rural communities, aiming to build a self-reliant India by 2047. Significant measures include a ₹1.70 lakh crore fertiliser subsidy to reduce input costs for farmers, provisions to empower rural women entrepreneurs, and substantial funding for research and high-value crops.
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