Indian Industry Plus A Pratisrutiplus Suppliment

The Union Budget 2026–27, presented by the Hon’ble Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in the Parliament today, has announced several key initiatives to strengthen India’s pharmaceutical and biopharma sector. The Finance Minister stated that the Government has undertaken comprehensive economic reforms towards creating employment, boosting productivity and accelerating growth. The Minister emphasised scaling up of ...

₹1.4 lakh cr.  to BE GIVEN TO States as Finance Commission Grants for FY 2026-27 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 ...

PILOT SCHEME PROPOSED  FOR UPSKILLING 10,000 GUIDES IN 20 ICONIC TOURIST SITES THROUGH A STANDARDIZED, HIGH-QUALITY 12-WEEK TRAINING COURSE Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman while presenting the Union Budget 2026-27 in Parliament  said, “To promote India as a hub for medical tourism services, I propose to launch a Scheme to support States in establishing five ...

While presenting the Union Budget 2026-27 in Parliament today, Union Minister for Finance and Corporate Affairs, Smt Nirmala Sitharaman said; “Our first kartavya is to accelerate and sustain economic growth, by enhancing productivity and competitiveness, and building resilience to volatile global dynamics”. The Finance Minister in her budget speech today said that the Public capex has increased manifold from ₹2 ...

The Union Minister for Finance and Corporate Affairs, Smt Nirmala Sitharaman presented the Union Budget 2026-27 in the Parliament today. The Budget proposes set of Direct Tax proposals aiming at rationalizing penalty and prosecution. The Finance Minister proposed to integrate assessment and penalty proceedings by way of a common order for both to avoid multiplicity of proceedings.  There will be ...

The Union Budget 2026-27 lays emphasis on Scaling up manufacturing in 7 strategic and frontier sectors. While presenting the Union Budget 2026-27 in Parliament today, Union Minister of Finance & Corporate Affairs Smt Nirmala Sitharaman said that the proposed interventions forms part of six areas under ‘First Kartavya’ in the Budget. To develop India as a global Biopharma manufacturing hub, ...

Budget outlay towards Electronics Components Manufacturing Scheme (ECMS) to be increased to Rs. 40,000 Crores Union Finance Minister Smt. Nirmala Sitharaman today presented the Union Budget for the Financial Year (FY) 2026-27. The announcements also included significant measures for accelerating the growth of India’s Electronics and Information Technology Sector. The Finance Minister announced the launch of India Semiconductor Mission (ISM) 2.0 to ...

The Union Budget 2026–27 has laid strong emphasis on the labour-intensive textile sector, recognising its critical role in employment generation, exports, rural livelihoods and sustainable manufacturing. A comprehensive and integrated policy framework has been announced to strengthen the entire textile value chain—from fibre to fashion, from village industries to global markets. Integrated Programme for the Textile Sector To enhance competitiveness, ...

The Chemicals and Petrochemicals sector continues to play a significant role in the industrial development of the Indian economy, with strong backward linkages to petroleum refining and natural gas processing and forward linkages with several downstream industries. As highlighted in the Economic Survey 2025–26, the sector contributed 8.1 per cent to the overall manufacturing sector’s Gross Value Added (GVA) in Financial Year 2024. The ...

The country has made significant improvements in increasing access to healthcare by providing better and more affordable facilities through public investment in health, including access to preventive and curative care, nutrition, and health insurance. Infant and maternal mortality rates have reduced, immunisation coverage has expanded, and access to primary healthcare services has improved. Initiatives like the National Health Mission, Ayushman ...