Prime Minister Shri Narendra Modi's remarks on Union Budget 2026

India, Feb. 1 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi shared his remarks on Union Budget 2026 via video message today. Speaking on the occasion, Prime Minister remarked that today's budget is historic and reflects the empowered spirit of the nation's women. He highlighted that Union Finance Minister Smt Nirmala Sitharaman, as a woman finance minister, has set a new record by presenting the country's budget for the ninth consecutive time. The Prime Mini...


Prime Minister greets everyone on sacred Thai Poosam

India, Feb. 1 -- The Government of India has issued a release: The Prime Minister, Shri Narendra Modi has greeted everyone on the occasion of sacred Thai Poosam. "May the blessings of Lord Murugan always remain upon us. May everybody be blessed with good health, success and prosperity", Shri Modi stated. Shri Modi posted on X: "Vetrivel Muruganuku Arogara! On this sacred Thai Poosam, my greetings to everyone. May the blessings of Lord Murugan always remain upon us. May everybody be blessed w...


Record CapEx of Rs.2.93 Lakh Crore for Indian Railways; High Speed Connectivity, Strengthening Freight & Safety Prime Focus of Spend

India, Feb. 1 -- The Government of India has issued a release: Indian Railways is set to expand at a rapid pace. Backed by the substantial allocation of Rs. 2,78,000 crore in the Union Budget this year, Railways is focusing its spending on high-speed connectivity, freight and safety. A record capital expenditure of Rs.2,93,030 crore has been planned for Indian Railways in Union Budget 2026-27. This is the highest-ever capex as well as allocation for Indian Railways. The allocation underscores...


GOVERNMENT ACCEPTS 16TH FINANCE COMMISSION'S RECOMMENDATION TO RETAIN VERTICAL SHARE OF DEVOLUTION AT 41 PERCENT

India, Feb. 1 -- The Government of India has issued a release: The Government has accepted the recommendation of the 16th Finance Commission to retain the vertical share of devolution at 41 percent. Presenting the Union Budget 2026-27 in Parliament today, Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman said, "The Government has accepted the recommendation of the Commission to retain the vertical share of devolution at 41 percent. As recommended by the Commission, I have ...


Union Budget 2026-27 historic and unprecedented": Shri Shivraj Singh Chouhan

India, Feb. 1 -- The Government of India has issued a release: Union Minister for Rural Development, and Agriculture&Farmers' Welfare, Shri Shivraj Singh Chouhantodaydescribed the Union Budget 2026-27 as "historic" and "unprecedented", saying that it lays a strong foundation for a developed and self-reliant India under the leadership of Prime Minister Shri Narendra Modi. Shri Chouhan said the Budget has been presented for the 12th time under Prime Minister Modi's leadership and that Smt. Nirmal...


Government to establish Regional Medical Hubs to boost Medical Value Tourism

India, Feb. 1 -- The Government of India has issued a release: Union Finance Minister Smt. Nirmala Sitharaman, while presenting the Union Budget today, announced a series of transformative measures aimed at positioning India as a global hub for Medical Value Tourism (MVT) and strengthening the AYUSH ecosystem with a focus on quality, research, employment generation and global outreach. Regional Medical Hubs for Medical Value Tourism To promote India as a preferred destination for medical tour...


ALIMCO at the Forefront of Divyangjan and Senior Citizen Empowerment in Budget 2026-27

India, Feb. 1 -- The Government of India has issued a release: The Union Budget 2026-27 reaffirms the Government of India's commitment to inclusive growth and a Viksit Bharat by placing Divyangjan and senior citizens at the centre of a technology-enabled empowerment agenda. Under the leadership of the Ministry of Social Justice and Empowerment (MoSJE) and the Department of Empowerment of Persons with Disabilities (DEPwD), Artificial Limbs Manufacturing Corporation of India (ALIMCO) has been ent...


Budget 2026-27 Proposes Three New Chemical Parks

India, Feb. 1 -- The Government of India has issued a release: In the Union Budget, tabled today in the Lok Sabha for the year 2026-2027 three new dedicated Chemical Parks have been proposed through challenge route and on a cluster-based plug-and-play model. The Union Finance Minister Smt. Nirmala Sitharaman in her budget speech said that it will enhance domestic chemical production and reduce import dependency. She also emphasized that a scheme will be launched to support States in establishi...


Op Sindoor displayed seamless inter-service coordination within India's multi-layered maritime security system, reaffirmed ICG's role as frontline force: Raksha Mantri on 50th ICG Raising Day

India, Feb. 1 -- The Government of India has issued a release: "Operation Sindoor displayed seamless inter-service coordination within India's multi-layered maritime security system, and reaffirmed the role of the Indian Coast Guard (ICG) as a frontline force," said Raksha Mantri Shri Rajnath Singh as he graced the 50th Raising Day celebrations of ICG in New Delhi on February 01, 2026. He asserted that the operation was carried out during a time of heightened maritime sensitivity, and the ICG r...


'HIGH LEVEL COMMITTEE ON BANKING FOR VIKSIT BHARAT' TO ALIGN FINANCIAL SECTOR WITH INDIA'S NEXT PHASE OF GROWTH: UNION BUDGET 2026-27

India, Feb. 1 -- The Government of India has issued a release: The Union Budget 2026-27 proposes to set up a 'High Level Committee on Banking for Viksit Bharat'. Presenting the Union Budget in Parliament today, the Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman said that it will comprehensively review the financial sector and align it with India's next phase of growth, while safeguarding financial stability, inclusion and consumer protection. Indian banking sector today...