PART A: INDIA'S BUDGET 2026-27

PART A: FOUNDATIONAL VISION

Government’s Core Commitment (Sankalp)

• Transform aspirations into tangible achievements and unlock potential across all sectors • Ensure prosperity dividends reach every stakeholder: farmers, marginalized communities, youth, women, and vulnerable populations • Budget prepared at Kartavya Bhawan—driven by youth ideas from Viksit Bharat Young Leaders Dialogue 2026

Three Pillars of Growth (Kartavya Framework)

Kartavya 1: Accelerate Sustainable Economic Growth

Enhance productivity and competitiveness across sectors
Build resilience against volatile global market dynamics
Maintain structural reforms momentum—continuous, adaptive, and forward-looking

Kartavya 2: Fulfill Aspirations & Build Capacity

Empower people as strong partners in India’s prosperity journey
Create meaningful employment and skill development opportunities
Already lifted 25 crore individuals out of multidimensional poverty

Kartavya 3: Inclusive Development (Sabka Sath, Sabka Vikas)

Ensure universal access to resources, amenities, and opportunities
Focus on equitable regional, sectoral, and community development
Enable meaningful participation across all segments

Supporting Ecosystem Requirements

• Continuous structural economic reforms • Robust, resilient financial sector for capital allocation and risk management • Cutting-edge technologies (AI, automation) as governance force multipliers

REFORM EXPRESS: 350+ ROLLOUTS

Key Achievements Post-Independence Day 2025 Announcement:

GST simplification framework
Labour Codes notification and implementation
Rationalized Quality Control Orders
Deregulation initiatives via High-Level Committees
Central-State coordination on compliance reduction

STRATEGIC INTERVENTIONS FOR ECONOMIC GROWTH

1. SCALING UP MANUFACTURING IN 7 STRATEGIC SECTORS

A. Biopharma SHAKTI (Strategy for Healthcare Advancement through Knowledge, Technology, Innovation)

Outlay: ₹10,000 crore (5-year period)

Objective: Position India as global biologic and biosimilar manufacturing hub

Key Components:

Build domestic ecosystem for biologics and biosimilar production
Establish 3 new National Institutes of Pharmaceutical Education & Research (NIPER)
Upgrade 7 existing NIPER institutions
Create network of 1,000+ accredited clinical trial sites
Strengthen Central Drugs Standard Control Organisation for global-standard approvals
Dedicated scientific review cadre and specialist recruitment

Rationale: Rising non-communicable disease burden (diabetes, cancer, autoimmune disorders) requiring affordable biologic solutions

B. India Semiconductor Mission (ISM) 2.0

Building on: ISM 1.0’s foundational capability expansion

New Focus Areas:

Manufacture semiconductor equipment and materials domestically
Design full-stack Indian intellectual property solutions
Fortify supply chains for self-reliance
Industry-led research and training centres
Develop skilled workforce in semiconductor technology

C. Electronics Components Manufacturing Scheme

Previous Outlay: ₹22,919 crore (launched April 2025) Current Achievement: Investment commitments at 2x target level Proposed Enhancement: Increase outlay to ₹40,000 crore to capitalize on momentum

D. Rare Earth Permanent Magnets Scheme

Launch Timeline: November 2025

New Initiative—Rare Earth Corridors:

Support mineral-rich states: Odisha, Kerala, Andhra Pradesh, Tamil Nadu
Integrated focus: mining → processing → research → manufacturing
Create dedicated corridor infrastructure

E. Dedicated Chemical Parks Scheme

Objective: Enhance domestic chemical production; reduce import dependency

Structure:

Support 3 dedicated chemical parks through challenge route
Cluster-based plug-and-play model
State-level implementation with central coordination

F. Capital Goods Capability Building

Hi-Tech Tool Rooms (CPSE-led):

Establish at 2 locations as digitally-enabled automated service bureaus
Locally design, test, and manufacture high-precision components
Lower costs, higher quality at scale

Construction & Infrastructure Equipment (CIE) Scheme:

Strengthen domestic manufacturing of advanced CIE
Include: lifts, fire-fighting equipment, tunnel-boring equipment, high-altitude road machinery

Container Manufacturing Scheme: Outlay: ₹10,000 crore (5-year period)

Create globally competitive ecosystem
Support indigenous manufacturing capacity

G. Textile Sector—Integrated Programme (5 Sub-Components)

1. National Fibre Scheme:

Achieve self-reliance in natural fibres (silk, wool, jute)
Support man-made and new-age fibres development

2. Textile Expansion & Employment Scheme:

Modernize traditional clusters
Capital support for machinery and technology upgradation
Establish common testing and certification centres

3. National Handloom & Handicraft Programme:

Integrate and consolidate existing schemes
Targeted support for weavers and artisans
Global market linkage facilitation

4. Tex-Eco Initiative:

Promote globally competitive, sustainable textiles and apparels
Environmental standards compliance

5. Samarth 2.0:

Modernize textile skilling ecosystem
Industry and academic institution collaboration

Additional Textile Support:

Mega Textile Parks in challenge mode with value-addition focus for technical textiles
Mahatma Gandhi Gram Swaraj Initiative for khadi, handloom, handicrafts
Global branding and market linkage support
Benefit: weavers, village industries, One District-One Product, rural youth

H. Sports Goods Manufacturing Initiative

Vision: Position India as global hub for quality, affordable sports goods

Focus Areas:

Equipment design and innovation
Material sciences development
Research infrastructure

2. REJUVENATION OF LEGACY INDUSTRIAL CLUSTERS

Scheme Overview:

Target: 200 legacy industrial clusters
Strategy: Infrastructure and technology upgradation
Goal: Improve cost competitiveness and operational efficiency

3. CREATING “CHAMPION SMEs” & SUPPORTING MICRO ENTERPRISES

A. EQUITY SUPPORT

SME Growth Fund:

Outlay: ₹10,000 crore
Purpose: Create future Champion enterprises
Mechanism: Incentives based on select performance criteria

Self-Reliant India Fund Top-Up:

Additional Allocation: ₹2,000 crore
Focus: Continue micro-enterprise support
Benefit: Maintain access to risk capital

B. LIQUIDITY SUPPORT

TReDS (Trade Receivables e-Discounting System) Enhancement:

Current Availability: ₹7 lakh crore to MSMEs
Goal: Leverage full potential through 4 measures:
1. Mandatory CPSE Integration: Make TReDS settlement platform mandatory for all CPSE purchases from MSMEs (benchmark for corporates)
2. Credit Guarantee Mechanism: Introduce CGTMSE credit guarantees for invoice discounting on TReDS
3. GeM-TReDS Linkage: Connect Government e-Marketplace with TReDS for better financing visibility and cheaper, quicker credit
4. Secondary Market Development: Launch TReDS receivables as asset-backed securities to enhance liquidity and transaction settlement

C. PROFESSIONAL SUPPORT

Corporate Mitras Programme:

Facilitate Professional Institutions (ICAI, ICSI, ICMAI) to design short-term, modular courses
Develop accredited para-professional cadre
Target: Tier-II and Tier-III towns
Benefit: Affordable compliance support for MSMEs

4. INFRASTRUCTURE DEVELOPMENT

Public Capital Expenditure Growth:

FY2014-15: ₹2 lakh crore
FY2025-26: ₹11.2 lakh crore
FY2026-27 Proposal: ₹12.2 lakh crore (continued momentum)

Key Initiatives:

Infrastructure Risk Guarantee Fund

Purpose: Strengthen private developer confidence
Mechanism: Prudently calibrated partial credit guarantees to lenders
Benefit: Reduce construction-phase risk perception

CPSE Real Estate Monetization (REIT-based)

Accelerate recycling of significant CPSE real estate assets
Set up dedicated REITs for systematic asset optimization

Sustainable Cargo Movement

Dedicated Freight Corridors:

New corridor: Dankuni (East) to Surat (West)
Modal preference: Environmentally sustainable

National Waterways Expansion:

Operationalize 20 new National Waterways over 5 years
Priority Start: NW-5 in Odisha (connects Talcher-Angul industrial areas to Paradeep/Dhamra ports)
Regional Centres of Excellence for manpower development
Youth employment and skill acquisition along waterway corridors

Ship Repair Ecosystem:

Establish at Varanasi and Patna for inland waterways support

Coastal Cargo Promotion Scheme:

Incentivize modal shift from rail/road to inland waterways and coastal shipping
Target: Increase share from 6% to 12% by 2047

Last-Mile & Tourism Connectivity

Seaplane Initiatives:

Incentivize indigenous seaplane manufacturing
Seaplane VGF Scheme for operational support
Benefit: Remote connectivity, tourism promotion

5. CARBON CAPTURE, UTILIZATION & STORAGE (CCUS)

Roadmap: Launched December 2025 Outlay: ₹20,000 crore (5-year period)

Scope:

Scale CCUS technologies to higher industrial readiness levels
Focus Sectors: Power, Steel, Cement, Refineries, Chemicals
End-use application optimization across sectors

6. CITY ECONOMIC REGIONS (CERs)

Vision: Unlock urban economic potential through agglomeration-based development

Focus Cities: Tier-II, Tier-III cities, and temple towns

Approach:

Map city economic regions based on specific growth drivers
Allocation per CER: ₹5,000 crore over 5 years
Financing Model: Challenge mode with reform-cum-results-based mechanism

High-Speed Rail Corridors (Growth Connectors)

Seven Proposed Corridors:

Mumbai-Pune
Pune-Hyderabad
Hyderabad-Bengaluru
Hyderabad-Chennai
Chennai-Bengaluru
Delhi-Varanasi
Varanasi-Siliguri

Purpose: Environmentally sustainable passenger systems linking growth centres

FINANCIAL SECTOR REFORMS

Current Sector Health

Strong balance sheets across banking sector
Historic profitability highs
Improved asset quality
Coverage: 98%+ villages with banking services

Proposed Measures

High-Level Committee on Banking for Viksit Bharat

Mandate: Comprehensively review banking sector and align with India’s next growth phase while safeguarding:

Financial stability
Inclusion objectives
Consumer protection

NBFCs (Non-Banking Financial Companies) Strategy

Vision: Clear targets for credit disbursement and technology adoption

Restructuring Initiative:

Restructure Power Finance Corporation (PFC)
Restructure Rural Electrification Corporation (REC)
Goal: Achieve scale and improve efficiency in Public Sector NBFCs

Foreign Exchange Management (Non-debt Instruments) Rules

Objective: Modernize foreign investment framework

Action: Comprehensive review to create contemporary, user-friendly rules aligned with India’s evolving priorities

Corporate Bond Market Development

Market-Making Framework:

Introduce market making for corporate bond indices
Provide suitable access to funds and derivatives
Launch total return swaps on corporate bonds

Municipal Bonds Incentive Scheme

High-Value Issuance Support:

Incentive: ₹100 crore for single bond issuance >₹1,000 crore
Existing Support: AMRUT scheme continues supporting issuances up to ₹200 crore for smaller/medium towns

Ease of Doing Business

Portfolio Investment Scheme (PIS) Liberalization:

Measure 1: Permit Persons Resident Outside India (PROI) to invest in listed company equity Measure 2: Increase individual PROI limit from 5% to 10% Measure 3: Raise overall PROI limit from 10% to 24%

EMERGING TECHNOLOGIES & AI INTEGRATION

Government Initiatives:

AI Mission
National Quantum Mission
Anusandhan National Research Fund
Research, Development & Innovation Fund

Vision: Technology adoption for all—farmers, women in STEM, upskilling youth, Divyangjan (persons with disabilities)

FULFILLING ASPIRATIONS & BUILDING CAPACITY (Kartavya 2)

High-Powered ‘Education to Employment and Enterprise’ Standing Committee

Purpose: Drive Services Sector as core growth driver

Objectives:

Establish Global Leadership: 10% global services share by 2047
Identify Priority Areas: Growth, employment, exports potential
Assess AI & Emerging Tech Impact: Job creation and skill requirements
Propose Supportive Measures

CREATION OF PROFESSIONALS FOR VIKSIT BHARAT

1. ALLIED HEALTH PROFESSIONALS (AHPs)

Current Action:

Upgrade existing AHP institutions
Establish new AHP institutions (private and government sectors)

Coverage: 10 selected disciplines

Optometry, Radiology, Anesthesia
OT Technology, Applied Psychology
Behavioural Health, and others

Target: Add 100,000 AHPs over 5 years

Care Ecosystem Development:

Build strong geriatric and allied care services network
Develop NSQF-aligned multiskilled caregiver programmes
Integrate: core care, wellness, yoga, medical/assistive device operation
Year 1 Target: Train 1.5 lakh caregivers

2. MEDICAL VALUE TOURISM HUBS

Scheme: Support 5 Regional Medical Hubs via state partnerships with private sector

Hub Features:

Integrated healthcare complexes combining medical, educational, research facilities
AYUSH Centres
Medical Value Tourism Facilitation Centres
Diagnostics, post-care, rehabilitation infrastructure

Employment Impact: Diverse opportunities for health professionals (doctors, AHPs)

3. AYUSH (Ancient Indian Medicine Systems) Development

Context:

Yoga: Global recognition through PM’s UN initiative; post-COVID Ayurveda gained international acceptance

Proposed Initiatives:

Infrastructure:

Establish 3 new All India Institutes of Ayurveda
Upgrade AYUSH pharmacies and Drug Testing Labs for certification standards
Increase skilled personnel availability

Research & Excellence:

Upgrade WHO Global Traditional Medicine Centre in Jamnagar
Focus: Evidence-based research, training, awareness for traditional medicine

Farmer-Youth Benefit:

Quality Ayurvedic product exports support herb-farming communities
Youth employment in processing and value addition

4. ANIMAL HUSBANDRY SECTOR

Context: Livestock contributes 16% of farm income, including for poor/marginal households

Initiative: Loan-Linked Capital Subsidy Support Scheme

Coverage:

Veterinary colleges in private sector
Para-vet colleges
Veterinary hospitals
Diagnostic laboratories
Breeding facilities

Target: Scale up veterinary professionals availability by 20,000+

Enhancement: Facilitate Indian-foreign institutional collaboration

5. ORANGE ECONOMY (AVGC Sector)

Animation, Visual Effects, Gaming & Comics (AVGC) Expansion

Market Need: 2 million professionals required by 2030

Initiative: Support Indian Institute of Creative Technologies, Mumbai

Action: Establish AVGC Content Creator Labs in:

15,000 secondary schools
500 colleges

6. DESIGN SECTOR DEVELOPMENT

Challenge: Shortage of Indian designers despite industry expansion

Proposal: Establish new National Institute of Design via challenge route Regional Focus: Eastern India (address geographic concentration)

7. HIGHER EDUCATION—UNIVERSITY TOWNSHIPS

Objective: Create integrated academic-industrial ecosystems

Initiative: Support 5 University Townships via challenge route

Location: Near major industrial and logistic corridors

Components:

Multiple universities and colleges
Research institutions
Skill centres
Residential complexes (planned academic zones)

8. GIRLS’ HOSTEL IN HIGHER STEM EDUCATION

Challenge: Prolonged study/lab hours pose difficulties for girl students

Solution: Establish 1 girls’ hostel per district

Financing: VGF (Viability Gap Funding) / capital support

9. ASTROPHYSICS & ASTRONOMY DEVELOPMENT

Immersive Experience Promotion: 4 telescope infrastructure upgrades/establishments

Facilities:

National Large Solar Telescope
National Large Optical-infrared Telescope
Himalayan Chandra Telescope
COSMOS2 Planetarium

10. TOURISM SECTOR EXPANSION

Context: Large potential for employment, forex earnings, local economy expansion

National Institute of Hospitality

Action: Upgrade National Council for Hotel Management & Catering Technology

Function: Bridge between academia, industry, government

Tourism Guide Upskilling Pilot

Scale: 10,000 guides at 20 iconic tourist sites Format: Standardized 12-week hybrid training course Partner: Indian Institute of Management

National Destination Digital Knowledge Grid

Objective: Digitally document culturally/spiritually/heritage-significant locations

Job Creation: Researchers, historians, content creators, technology partners

Sustainable Trekking & Hiking Infrastructure

Mountain Trails:

Himachal Pradesh, Uttarakhand, Jammu & Kashmir
Araku Valley (Eastern Ghats)
Podhigai Malai (Western Ghats)

Turtle Trails:

Coastal areas: Odisha, Karnataka, Kerala

Bird-Watching Trails:

Pulikat Lake (Andhra Pradesh-Tamil Nadu border)

International Big Cat Alliance & Conservation

Context: Alliance established 2024 under PM’s leadership

Current Event: First-ever Global Big Cat Summit (2026) Participation: Heads of governments and ministers from 95 range countries Focus: Collective conservation strategies

11. HERITAGE & CULTURAL TOURISM DEVELOPMENT

Archaeological Sites Transformation: 15 sites into vibrant, experiential destinations

Key Sites: Lothal, Dholavira, Rakhigarhi, Adichanallur, Sarnath, Hastinapur, Leh Palace, and others

Approach:

Open excavated landscapes to public via curated walkways
Introduce immersive storytelling skills and technologies
Enhance conservation labs, interpretation centres, guide training

12. SPORTS SECTOR TRANSFORMATION

Khelo India Mission (10-Year Vision)

Building on foundational Khelo India programme success

Mission Components:

Talent Development Pathway:

Integrated system with multi-tier training centres
Foundational, intermediate, elite-level training

Coaching & Support Infrastructure:

Systematic coach development
Professional support staff training

Sports Science & Technology Integration:

Modern technology adoption
Data-driven athlete development

Competition & League Structure:

Regular competitions and leagues
Sports culture promotion
Performance platforms

Sports Infrastructure:

Training facilities development
Competition-standard venues

INCLUSIVE DEVELOPMENT INITIATIVES (Kartavya 3)

Three Focus Areas

Farmer Income Enhancement through productivity and entrepreneurship
Divyangjan Empowerment via livelihood and assistive technology access
Vulnerable Population Support for mental health and trauma care
Regional Focus: Purvodaya States and North-East acceleration

INCREASING FARMER INCOMES

1. FISHERIES SECTOR DEVELOPMENT

Integrated Reservoir Development:

Develop 500 reservoirs and Amrit Sarovars
Maximize aquaculture potential

Coastal Fisheries Value Chain:

Strengthen supply chain infrastructure
Enable market linkages with start-ups and women-led groups
Fish Farmers Producer Organisations involvement

2. ANIMAL HUSBANDRY ENTREPRENEURSHIP

Comprehensive Support Programme:

Components:

Credit-Linked Subsidy Scheme
Livestock enterprise scaling and modernization
Integrated value-chain development (livestock, dairy, poultry)
Livestock Farmer Producers Organisations support

Benefit: Quality rural and peri-urban employment opportunities

3. HIGH-VALUE AGRICULTURE DIVERSIFICATION

Objective: Diversify output, boost productivity, enhance incomes, create employment

Coastal Area Focus:

Coconut, sandalwood, cocoa, cashew
Processing and value-addition opportunities

North-East Focus:

Agar trees cultivation and value addition

Hilly Region Focus:

Almonds, walnuts, pine nuts

Coconut Promotion Scheme

Context: India—world’s largest coconut producer; 30M people (10M farmers) dependent on coconuts

Objective: Enhance competitiveness and productivity

Mechanism: Old/non-productive tree replacement with new saplings/varieties in major producing states

Cashew & Cocoa Self-Reliance Programme

Goal: Dedicated cashew and cocoa development programme

Targets:

Self-reliance in raw cashew and cocoa production/processing
Export competitiveness enhancement
Brand transformation: “Indian Cashew” and “Indian Cocoa” as premium global brands by 2030

Sandalwood Ecosystem Restoration

Heritage Link: Close connection to India’s social and cultural identity

Approach: Partner with State Governments for:

Focused cultivation
Post-harvest processing
Ecosystem restoration

Walnut, Almond & Pine Nut Promotion

Strategy: Orchard rejuvenation and high-density expansion

Benefits:

Enhanced farmer incomes
Youth value-addition engagement in processing/marketing

4. BHARAT-VISTAAR (Virtually Integrated System to Access Agricultural Resources)

Technology: Multilingual AI tool

Integration: AgriStack portals + ICAR agricultural packages + AI systems

Farmer Benefits:

Enhanced farm productivity
Better decision-making support
Risk reduction
Customized advisory services

5. SHE-MARTS FOR RURAL WOMEN-LED ENTERPRISES

Building on: Lakhpati Didi Programme success (credit-led livelihoods)

Next Step: Transition from credit users to enterprise owners

Initiative: Self-Help Entrepreneur (SHE) Marts

Structure:

Community-owned retail outlets
Cluster-level federation integration
Enhanced and innovative financing instruments

Impact: Scaled economic participation for rural women

EMPOWERING DIVYANGJAN (PERSONS WITH DISABILITIES)

1. DIVYANGJAN KAUSHAL YOJANA (Skills Programme)

Opportunity Sectors:

IT sector (task-oriented roles)
AVGC (Animation, Visual Effects, Gaming, Comics)
Hospitality
Food & Beverages

Approach: Industry-relevant, customized training per divyang group type

Outcome: Dignified livelihood opportunities aligned with capabilities

2. DIVYANG SAHARA YOJANA (Support for Assistive Devices)

Recognition: Timely access to quality assistive devices is fundamental need

ALIMCO Scaling (Artificial Limbs Manufacturing Corporation of India)

Measures:

Scale up assistive device production
Invest in R&D and AI integration
Improve accessibility and functionality

Assistive Technology Marts

Concept: Modern retail-style centres for browsing and purchase

Target Users: Divyangjans and senior citizens

Features:

See, try, purchase assistive products
Strengthen PM Divyasha Kendras
Technology-enabled service delivery

MENTAL HEALTH & TRAUMA CARE STRENGTHENING

1. NIMHANS-2 in North India

Gap: No national institutes for mental healthcare in north India

Action: Establish NIMHANS-2 facility

2. Regional Apex Institution Upgrades

Facilities:

Upgrade National Mental Health Institute, Ranchi
Upgrade National Mental Health Institute, Tezpur

Designation: Regional Apex Institutions

3. Emergency & Trauma Care Centre Expansion

Challenge: Unexpected expenses burden poor and vulnerable families

Solution: Strengthen and expand Emergency and Trauma Care Centres

Scale: 50% capacity increase in District Hospitals

FOCUS ON PURVODAYA STATES & NORTH-EAST REGION

PURVODAYA (Eastern Region) DEVELOPMENT

East Coast Industrial Corridor:

Integrated corridor development
Well-connected node at Durgapur

Tourism Destinations:

Create 5 tourism destinations across 5 Purvodaya States

Electric Mobility:

Provision of 4,000 e-buses for sustainable urban transport

BUDDHIST CIRCUIT DEVELOPMENT IN NORTH-EAST

Regional Context: Civilizational confluence of Theravada and Mahayana/Vajrayana traditions

Scheme Coverage: Arunachal Pradesh, Sikkim, Assam, Manipur, Mizoram, Tripura

Components:

Temple and monastery preservation
Pilgrimage interpretation centres
Connectivity infrastructure
Pilgrim amenities development

Impact: Cultural preservation, religious tourism, employment

FISCAL MANAGEMENT & BUDGET ALLOCATIONS

16th Finance Commission Implementation

Submission Date: 17 November 2025 to President

Government Action: Accepted Commission recommendation to retain vertical devolution share at 41%

Finance Commission Grants FY2026-27: ₹1.4 lakh crore

Grant Composition:

Rural Local Body Grants
Urban Local Body Grants
Disaster Management Grants

FISCAL CONSOLIDATION STRATEGY

Debt-to-GDP Ratio Management

Target: 50±1% by 2030-31

Progress:

BE 2026-27: 55.6% of GDP (vs. 56.1% in RE 2025-26)
Declining trajectory frees resources for priority spending
Reduces interest payment outgo

Fiscal Deficit Control

Achievement: Met FY2021-22 commitment—fiscal deficit below 4.5% by 2025-26

Status:

FY2025-26 (RE): 4.4% of GDP
FY2026-27 (BE): 4.3% of GDP

Trend: Strengthened fiscal prudence path toward debt consolidation

BUDGET ESTIMATES & FINANCING

Revised Estimates 2025-26

Non-Debt Receipts: ₹34 lakh crore

Centre’s Net Tax Receipts: ₹26.7 lakh crore

Total Expenditure: ₹49.6 lakh crore

Capital Expenditure: ~₹11 lakh crore

Budget Estimates 2026-27

Non-Debt Receipts: ₹36.5 lakh crore Total Expenditure: ₹53.5 lakh crore Centre’s Net Tax Receipts: ₹28.7 lakh crore

FINANCING THE FISCAL DEFICIT (2026-27)

Primary Financing Source:

Net market borrowings (dated securities): ₹11.7 lakh crore

Secondary Financing Sources:

Small savings allocations
Other revenue sources

Gross Market Borrowings: ₹17.2 lakh crore

SUMMARY: KEY BUDGET PILLARS

Pillar	Focus	Outcome
Kartavya 1	Accelerate economic growth	Manufacturing scales, infrastructure builds, financial stability
Kartavya 2	Fulfill aspirations & capacity	25 crore from poverty; Services sector leadership; Skills ecosystem
Kartavya 3	Inclusive prosperity	Farmer income growth; Divyangjan empowerment; Mental health; Regional development

Budget Theme: Youth-driven, reform-oriented, growth-focused, and inclusively transformative