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Union Budget 2026-27: Boosting India's Manufacturing Sector

Official Press

12 Feb 2026

The Union Budget for the financial year 2026-27 focuses significantly on enhancing India's manufacturing sector as a central pillar of economic growth. With strategic investments, tax reforms, and infrastructure improvements, the sector is expected to drive India's industrial momentum, aiming to establish a globally competitive manufacturing hub. The budget proposes significant support for medium- and high-technology industries, MSMEs, and strategic sectors such as electronics, biopharma, textiles, and automotive, promoting export competitiveness and job creation in line with the nation's Aatmanirbhar Bharat mission.

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Ministry of Culture Launches Kala Sanskriti Vikas Yojana to Promote Art and Culture

The Ministry of Culture has initiated an umbrella scheme named Kala Sanskriti Vikas Yojana (KSVY) aimed at promoting art and culture across India. This scheme encompasses several financial assistance programs for cultural organizations and individuals, including benefits for artists of Scheduled Castes. The KSVY consists of various sub-schemes providing grants

Efforts Intensified by Ministry of Culture to Curb Antiquities Theft

The Ministry of Culture has reported six cases of theft from the Monuments of National Importance, with successful recovery in four cases. The government employs various measures, including deployment of security forces and vigilance at exit points, to prevent illicit trafficking of cultural property. FIRs are lodged for every incident,

Government's Initiative Reduces Electricity Distribution Companies' Debts Drastically

The Indian government implemented the Electricity (Late Payment Surcharge and Related Matters) Rules, 2022, which resulted in the rescheduling of dues from state electricity distribution companies into equated monthly installments. This initiative has successfully reduced outstanding legacy dues significantly from ₹1,39,947 crores in June 2022 to ₹4,109

Progress in India's Rural Electrification Efforts

The Government of India has significantly advanced rural electrification through various schemes like the Deen Dayal Upadhyaya Gram Jyoti Yojana and Pradhan Mantri Sahaj Bijli Har Ghar Yojana. All inhabited villages were electrified by 2018, and household electrification goals were met by 2019. The ongoing Revamped Distribution Sector Scheme continues

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Ministry of Culture Launches Kala Sanskriti Vikas Yojana to Promote Art and Culture

Efforts Intensified by Ministry of Culture to Curb Antiquities Theft

Government's Initiative Reduces Electricity Distribution Companies' Debts Drastically

Progress in India's Rural Electrification Efforts