Budget 2026 Preview: Capex Push, Tax Simplification, and Agriculture in Focus

The upcoming Union Budget 2026 is shaping up to be a pivotal moment for India’s economic trajectory. With growth projected at 7–7.5% in FY27, policymakers are expected to focus on strengthening infrastructure, simplifying taxes, and addressing long-term sustainability challenges.

Key Highlights

• Infrastructure & Capex: Higher capital expenditure to boost railways, defence, and logistics, reinforcing India’s growth engine.
• Tax Reforms: Simplification of income tax structures, GST rationalisation, and customs reforms to ease compliance.
• Agriculture Focus: Measures to promote oilseed and pulses self-sufficiency, crop diversification (including millets), and investment in cold chains.
• Climate Resilience: Support for climate-resilient farming and food security initiatives to mitigate risks.
• Consumption Push: Relief for the middle class and MSME support to sustain household demand and business growth.

Budget 2026 is expected to balance fiscal prudence with developmental spending, ensuring India remains competitive globally while addressing domestic challenges.

Sources: Moneycontrol; Livemint; Financial Express.