New Delhi: The Centre has announced a major reform aimed at easing customs processes for domestic manufacturers. The Central Board of Indirect Taxes and Customs (CBIC) will roll out the new Eligible Manufacturer–Importer (EMI) Scheme from March 1, offering faster clearances, duty deferral benefits, and simplified compliance procedures. The EMI…
Tag: #UnionBudget2026
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Budget 2026 Focuses on Capex, Not Populism: PM Modi
New Delhi: Prime Minister Narendra Modi has described the Union Budget 2026-27 as a forward-looking blueprint that prioritises productive capital expenditure over short-term populism, positioning India firmly on the path toward Viksit Bharat by 2047. ₹12.2 Lakh Crore Capital Expenditure Push The Prime Minister highlighted that the Budget earmarks ₹12.2…
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Budget 2026 Boosts India’s Cloud & AI Hub Vision
The Union Budget 2026–27 has unveiled a landmark tax holiday till 2047 for eligible foreign cloud service providers using India-based data centres for global operations. The move signals a decisive push to position India as a global hub for cloud computing and artificial intelligence (AI) infrastructure. the framework aims to…
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Budget 2026–27: Historic Push, Northeast Boost
Union Minister for Rural Development and Agriculture & Farmers’ Welfare, Shri Shivraj Singh Chouhan, on Wednesday described the Union Budget 2026–27 as both “historic and futuristic,” asserting that it delivers a significant development boost to the Northeastern region. Addressing a press conference in Guwahati, the Minister highlighted enhanced allocations, agriculture…
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Rahul Gandhi Slams India-US Trade Deal in Lok Sabha
New Delhi, February 11, 2026: Leader of Opposition Rahul Gandhi on Wednesday launched a sharp attack on the government in the Lok Sabha, alleging that the interim trade agreement between India and the United States compromises the country’s economic sovereignty, energy security and farmers’ interests. Participating in the debate on…
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Andhra Pradesh to Lead India’s Blue Economy Under Budget 2026
Union Minister of State (Independent Charge) for Science and Technology and Earth Sciences, Dr Jitendra Singh, on Friday said that Andhra Pradesh, along with other coastal states, will emerge as the torchbearer of India’s Blue Economy mission under the strategic framework of Union Budget 2026–27. Addressing media representatives and social…
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India Targets Global Biopharma Hub with SHAKTI
New Delhi: The Union Budget 2026–27 has set the stage for India to emerge as a global biopharmaceutical hub with the launch of Biopharma SHAKTI, a ₹10,000 crore initiative over five years. The program aims to strengthen the country’s capabilities in biologics and biosimilars, reduce import dependence, and capture 5%…
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MY Bharat Budget Quest 2026: Youth to Engage with Union Budget
New Delhi: Union Minister for Youth Affairs & Sports, Dr. Mansukh Mandaviya, today launched MY Bharat Budget Quest 2026, a nationwide youth initiative aimed at enhancing understanding of the Union Budget among India’s young citizens. The initiative seeks to make budgetary provisions more accessible, relatable, and citizen-centric while linking them…
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AI Transforms Cancer Detection, Budget Fuels Health
Artificial intelligence (AI) is changing the landscape of breast cancer detection. A landmark study by Lund University in Sweden revealed that AI-assisted mammography reduces late-stage breast cancer diagnoses by 12 percent, identifying more clinically relevant cancers early while maintaining low false-positive rates. The trial involved 100,000 women who underwent routine…
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₹2.93 Lakh Cr Rail CapEx to Boost Speed & Safety
Indian Railways is set for its most ambitious expansion yet, with the Union Budget 2026–27 allocating a record capital expenditure of ₹2.93 lakh crore. The historic investment underlines the government’s intent to transform railways into a high-speed, safe, and environmentally sustainable backbone of India’s transport and logistics ecosystem. The allocation…