The government is committing massive capital to public infrastructure, including a proposed 12.2 lakh crore capex for FY27. Key projects include new dedicated freight corridors, 20 new national waterways, and seven high-speed rail corridors to enhance logistics and connectivity.
The budget introduces targeted, high-outlay schemes like Biopharma Shakti and India Semiconductor Mission 2.0 to build domestic capacity in critical, high-value sectors. The goal is to reduce import dependency, move up the global value chain, and establish India as a manufacturing hub.
There is a strong focus on enhancing the skills and capabilities of the workforce to meet future demands. This includes upgrading healthcare education, training 150,000 caregivers, establishing university townships, and supporting creative industries like animation and gaming (AVGC).
The government is initiating a comprehensive review of the banking sector, restructuring public sector NBFCs, and liberalizing foreign investment rules. These measures are designed to improve capital allocation, increase credit availability, and attract stable long-term investment.
The budget allocates 20,000 crore for carbon capture, utilization, and storage (CCUS) to decarbonize heavy industries. It also includes plans for developing ecologically sustainable tourism, such as mountain and 'turtle trails', balancing economic development with environmental preservation.
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