In this Special Report, Union Finance Minister Nirmala Sitharaman presents the Union Budget for 2026-27, outlining a roadmap for technological integration and fiscal consolidation. Highlighting the government’s commitment to the agricultural sector, Sitharaman stated, ‘I propose to launch Bharat Vistar, a multilingual AI tool that shall integrate the AgriStack portals and the ICAR package.’ The budget introduces ‘She Marks’ to transform women-led self-help groups into enterprise owners and ‘Divyanjan Kaushal Yojana’ for inclusive employment. Significant healthcare initiatives include the establishment of NIMHANS-2 in North India and the expansion of emergency care in district hospitals. For regional development, the ‘Poorvodaya’ plan focuses on the eastern states and Buddhist circuits in the Northeast. On the fiscal front, the Minister confirmed the acceptance of the 16th Finance Commission’s recommendation to maintain the vertical devolution at 41 percent, while targeting a reduced fiscal deficit of 4.3 percent of GDP for the upcoming financial year.
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