Newsroom, February 01, 2026: Finance Minister Nirmala Sitharaman delivered her ninth consecutive Union Budget, focusing on reforms, productivity, and inclusive growth to sustain India's 7%+ momentum toward Viksit Bharat.
Key highlights include a 9% rise in capital expenditure to ₹12.2 lakh crore, fiscal deficit targeted at 4.3% of GDP, and major pushes in manufacturing, infrastructure, and technology.
For Andhra Pradesh, the budget offers direct gains through a dedicated Rare Earth Corridor for mining, processing, research, and manufacturing of critical minerals vital for clean energy, defence, and electronics.
Two high-speed rail corridors (Hyderabad-Chennai and Hyderabad-Bengaluru) will enhance connectivity. Tax incentives for data centres and cloud services via Indian infrastructure could attract tech investments to the state.
