Nirmala Sitharaman Briefs Media On Budget 2026: Focus On Infrastructure, MSMEs And 'Viksit Bharat'

Описание: Union Finance Minister Nirmala Sitharaman addressed a post-budget press conference following the presentation of the Union Budget 2026-27. She emphasized the government's commitment to economic growth, stating, 'We are laying the path and giving a push to the economy to maintain the growth momentum.' Sitharaman highlighted a record capital expenditure of ₹12.2 lakh crore, representing 4.4% of the GDP, aimed at developing dedicated freight corridors, high-speed rail, and 20 new national waterways. The budget introduces structural reforms to boost productivity and employment, with a significant focus on technology for the common man. Key announcements include the 'Mahatma Gandhi Gram Swaraj Initiative' for rural artisans, a ₹10,000 crore SME growth fund for MSMEs, and the establishment of rare earth corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu. Additionally, the Minister announced customs duty exemptions for 17 cancer drugs and measures to discourage speculative trading in the futures and options segment through revised Securities Transaction Tax (STT) rates.

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