Shipbuilding clusters and ₹25,000 crore maritime development fund to strengthen shipping ecosystem
Large ships have been included in the Harmonized Master List of infrastructure sub-sectors, enabling access to long-term loans at competitive rates and promoting investment in ship ownership under the Indian flag. Shipbuilding clusters will be facilitated with additional infrastructure, skilling and technology to expand capacity across categories of vessels. A Maritime Development Fund with a […]
₹20,000 crore CCUS outlay announced; duty exemptions extended for nuclear and battery supply chains
The Budget proposes an outlay of ₹20,000 crore over the next five years for Carbon Capture Utilization and Storage (CCUS) technologies to achieve higher readiness levels across sectors including power, steel, cement, refineries and chemicals. To support energy storage, basic customs duty exemptions will continue for capital goods used in manufacturing lithium-ion cells for battery […]
Rare earth corridors, ₹10,000 crore container scheme and 3 chemical parks proposed to deepen manufacturing
The Budget outlines multiple schemes aimed at strengthening domestic manufacturing capacity across strategic sectors. Dedicated Rare Earth Corridors will be established in Odisha, Kerala, Andhra Pradesh and Tamil Nadu to promote mining, processing, research and manufacturing. To reduce import dependency in chemicals, the government will support states in setting up three dedicated chemical parks on […]
20 national waterways, coastal cargo target of 12 per cent by 2047; ship repair ecosystem planned
The Budget proposes operationalising 20 new National Waterways connecting mineral-rich regions, industrial centres and ports to promote environmentally sustainable cargo movement. The plan begins with National Waterway-5 in Odisha to link Talcher and Angul with the ports of Paradeep and Dhamra. A ship repair ecosystem catering to inland waterways will also be developed at Varanasi […]
7 high-speed rail corridors announced as ‘growth connectors’ between major cities
The Union Budget 2026-27 proposes seven high-speed rail corridors to promote environmentally sustainable passenger transport between major urban centres. The corridors identified are Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, Hyderabad-Chennai, Chennai-Bengaluru, Delhi-Varanasi, and Varanasi-Siliguri. Described as “growth connectors,” the corridors are intended to strengthen economic linkages while supporting urban expansion. Read also : Public capex raised to ₹12.2 […]
India steps up military modernisation with ₹2.19 lakh crore defence capital outlay
India has raised its capital spending on defence services to ₹219306.47 crore in the Union Budget 2026-27, up from the revised ₹186454.20 crore for 2025-26. The increase comes as several countries continue to upgrade their military capabilities amid a shifting global security landscape, and reflects India’s steady approach to strengthening its own combat preparedness. Capital […]
Public capex raised to ₹12.2 lakh crore; govt announces risk guarantee fund, REIT push and freight corridor
The Union Budget 2026-27 proposes increasing public capital expenditure to ₹12.2 lakh crore, continuing the government’s infrastructure expansion strategy and building on the rise from ₹2 lakh crore in FY2014-15. The government stated it will continue focusing on infrastructure development in cities with populations exceeding 5 lakh, identifying Tier II and Tier III cities as […]
Where does every rupee come from – and where does it go? Budget 2026-27 details govt revenue and spending pattern
The Union Budget 2026-27 has detailed the composition of government receipts and expenditure, detailing how resources are mobilised and allocated across transfers, liabilities and programme spending. Where the rupee comes from Borrowings and liabilities form the largest component of government receipts at 24 per cent. Income tax contributes 21 per cent, followed by corporation tax […]
India Advances Nuclear Push With 8 Reactors Underway and 12 Planned, Adding 14,600 MW Capacity
India currently has eight nuclear power reactors under construction and twelve reactors at the pre-project stage, together accounting for a total planned capacity of 14,600 MW, the government informed the Parliament earlier this week. In a written reply to a question on India’s nuclear capacity expansion, Union Minister Jitendra Singh said, “At present, eight nuclear […]
India’s clean energy transition advances as installed power capacity crosses 513.73 GW with non-fossil share at 51.93%
India’s total installed electricity generation capacity stood at 5,13,730 MW as of 31 December 2025, with non-fossil fuel sources accounting for 51.93% of the total, overtaking fossil fuel-based capacity at 48.07%, according to official data presented in the Lok Sabha. Fossil fuel sources together contributed 2,46,942 MW to the national power mix, while non-fossil fuel […]