Budget 2026: Tomorrow, Sunday, February 1st, Finance Minister Nirmala Sitharaman will present the country’s Union Budget. The Modi government is set to present the budget for the financial years 2026 and 2027. Budget preparations are complete. From farmers to the common man, everyone has high expectations from this year’s budget. From railway employees to salaried professionals, all eyes are on the budget speech. This year’s budget will be very important. It will be especially crucial for the railway industry. For the first time, the budget will be presented on a Sunday. It is also expected that the railway budget will increase. According to experts, the total budget for the railways could be between ₹2.65 lakh crore and ₹2.8 lakh crore. In addition, the world’s attention is focused on India’s tech roadmap in this year’s budget.
New Incentives for 6G and Defence Technology
HFCL, a leading telecom company, says India needs to increase research into 6G and defence technologies. Tech giants are demanding that the government introduce a new innovation-linked incentive. Companies that invent new technologies and register patents should be rewarded or given tax breaks by the government.
IT firms GlobalLogic and Lumina Datamatics say that so far, India has focused more on digital infrastructure (like UPI). Now it’s time to move towards intelligent infrastructure. This means using our data and AI to make sectors like education, retail, and publishing smarter. Investment in cloud platforms and data security is expected for this.
Eyes on Semiconductor Mission 2.0
Without chips (semiconductors), no electronic gadget, whether it’s a phone or a car, can be manufactured today. According to IESA (India Semiconductor Mission), several major chip manufacturing projects in India are now ready for implementation. Therefore, these companies want the government to announce ISM 2.0 (India Semiconductor Mission) and allocate a substantial budget for it.
It is expected that Nirmala Sitharaman will make several major announcements in this budget. The budget may also reflect the vision of a developed India by 2047. The budget is likely to focus on security, capacity expansion, Make in India initiatives, and modernisation. From the railways’ perspective, this budget may include several measures that will benefit the sector’s development in the coming years.
