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Union Budget 2026–27 Proposes Three New Chemical Parks, ₹600 Crore Allocation and ₹20,000 Crore CCUS Push for Chemicals Sector
The Union Budget 2026–27 , tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman , has proposed the establishment of three new dedicated Chemical Parks through a challenge-route, cluster-based plug-and-play model , marking a major policy push for India’s chemical and petrochemical industry. The initiative is supported by a ₹600 crore central allocation for FY 2026–27 and is aimed at boosting domestic production, reducing import dependence, and enhancing global comp
17 hours ago4 min read
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