The Union Budget 2026–27 may appear low on headline-grabbing announcements, but it reflects Finance Minister Nirmala Sitharaman’s calculated “long game” strategy. Instead of short-term tax sops, the focus is on economic stability, manufacturing growth, MSME strengthening, and infrastructure expansion. The government aims to raise manufacturing’s share of GDP to 25% by modernizing industrial clusters and supporting key sectors like electronics and semiconductors. Capital expenditure has been increased to ₹12.2 lakh crore, while fiscal discipline is reinforced by reducing the fiscal deficit. A major boost to defence spending further signals long-term strategic preparedness.<br /><br />~ED.447~
