The Union Budget 2026–27 reinforces the capital goods sector as a key driver of India’s investment-led growth by increasing public capital expenditure to ₹12.2 lakh crore and introducing targeted measures to strengthen domestic manufacturing capacity. Key initiatives include a ₹10,000 crore container manufacturing scheme, establishment of Hi-Tech Tool Rooms, support for construction and infrastructure equipment, tax incentives for toll and electronics manufacturing, and customs duty exemptions for energy storage and critical mineral processing. Along with ongoing programmes such as Make in India, PLI and the Capital Goods Competitiveness Scheme, these measures aim to enhance technological capability, reduce import dependence and position India as a globally competitive manufacturing hub.
Click to View MoreThe proposal to classify village commons as a distinct land-use category aims to protect vital shared resources covering 15% of India’s land. These commons support livelihoods and biodiversity but face degradation. Legal recognition, stronger local governance, and community participation are crucial for sustainable management and long-term rural resilience.
Click to View MoreThe Economic Survey 2025-26 suggests revisiting the RTI Act to protect policy deliberations through exemptions and possible ministerial veto. Critics argue existing Section 8 safeguards suffice and warn of dilution after the DPDP Act, urging stronger transparency via proactive disclosure and empowered Information Commissions nationwide.
Click to View MoreThe Economic Survey 2025–26 projects 7.4% GDP growth in FY26, showing India’s resilience amid global stress. Broad-based growth spans agriculture, PLI-led manufacturing, and services exports. Prudent fiscal policy, stable inflation, reforms, and inclusion strengthen long-term, inclusive growth toward India@2047.
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