Amit Shah: Budget 2026 Enhances India’s Appeal as Global Investment Hub
Union Home Minister Amit Shah announced that the Budget 2026, unveiled on February 1, 2026, enhances India’s attraction as a global investment hub. The budget aims to support various sectors, including manufacturing, infrastructure, health, and artificial intelligence.
Key Highlights of Budget 2026
Mr. Shah described the budget as a significant step towards realizing the dreams of diverse demographics. This includes youth, women, and farmers across India. In his statements shared on social media platform X, he praised both Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for reaffirming the government’s dedication to growth and fiscal responsibility.
Fiscal Responsibility
- The budget maintains the fiscal deficit target below 4.5%.
- It reflects a vision aimed at achieving a developed India by 2047.
Empowering Diverse Sectors
Shah emphasized that the Budget 2026 is not merely a proposal but a roadmap for empowering every citizen and sector. Key initiatives include:
- Launch of the Mahatma Gandhi Gram Swaraj Yojana to support rural economies.
- Promotion of farmers’ interests through the Coconut Promotion Scheme.
- Increased investment in veterinary services to boost livestock incomes.
Connectivity and Infrastructure Development
One of the major components of the budget is enhancing connectivity. The announcement of seven high-speed rail corridors is expected to significantly reduce travel times between major cities.
- Focus on developing credit-linked subsidies for the dairy and poultry sectors.
- Plans to create 500 reservoirs to support fisheries development.
- Efforts to improve access to global markets for agricultural products.
Shah stated that the budget positions India as an emerging economic power, showcasing a robust recovery in the post-COVID era. He believes that the initiatives laid out in Budget 2026 will further bolster India’s status as a favorable destination for global investors across various sectors.
