Chandigarh, Mar 3 (KNN) Haryana Chief Minister Nayab Singh Saini has proposed an allocation of Rs 1,950.92 crore for the Department of Industry and Commerce in the 2026–27 Budget, marking a 46.93 percent increase over last year’s allocation of Rs 1,327.76 crore. Rs 500 Crore ‘Saksham’ Fund for Old IndustrialContinue Reading
New Delhi, Feb 3 (KNN) The Union Budget 2026–27 has allocated a net outlay of Rs 4,509.06 crore for the judiciary, lower than the revised estimates of Rs 5,189.87 crore for 2025–26. The allocation broadly aligns with the previous year’s revised estimates but remains well below the original budget projections.Continue Reading
New Delhi, Feb 3 (KNN) Steel industry leaders have hailed the Union Budget 2026–27 saying that proposals contained in it are expected to strengthen steel demand and support domestic manufacturing, particularly among MSMEs. Naveen Jindal, President, Indian Steel Association (ISA), talking to PTI said, “A 22.2 per cent effective increaseContinue Reading
New Delhi, Feb 2 (KNN) The PlastIndia Foundation, representing India’s plastics industry, has welcomed the Union Budget 2026–27, describing it as a balanced, forward-looking plan that supports economic growth, manufacturing competitiveness, and sustainability. Ravish Kamath, President, PlastIndia Foundation, said, “The Budget’s strong emphasis on infrastructure development, manufacturing, MSME support, easeContinue Reading
New Delhi, Feb 2 (KNN) Indian Railways has been allocated a record capital expenditure of Rs 2.93 lakh crore in the Union Budget 2026–27, the highest-ever outlay for the national transporter. The allocation underscores the government’s continued focus on infrastructure expansion, capacity enhancement, and positioning railways as a key driverContinue Reading
New Delhi, Feb 2 (KNN) The Federation of Indian Export Organisations (FIEO) has welcomed the Union Budget 2026–27, describing it as bold, forward-looking, and reform-oriented, boosting India’s growth trajectory while enhancing the global competitiveness of exports, manufacturing, and MSMEs. FIEO President S.C. Ralhan highlighted the Budget’s emphasis on domestic manufacturingContinue Reading
New Delhi, Feb 2 (KNN) All India Association of Industries (AIAI) President Dr. Vijay Kalantri said the Union Budget 2026–27 sends a strong signal of India’s commitment to broad-based, manufacturing-led growth amid global geopolitical uncertainty. Dr. Kalantri said, “With a strong thrust on agriculture, tourism, data centres, electronics, advanced manufacturingContinue Reading
