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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
Rare Earth Corridors in Budget 2026–27: How India’s Strategic Minerals Push Will Transform Andhra Pradesh and Counter China’s Dominance
In a landmark policy announcement with deep economic, industrial, and geopolitical implications, Union Finance Minister Nirmala Sitharaman announced the creation of dedicated Rare Earth Corridors (RECs) across four mineral-rich Indian States — Odisha, Kerala, Andhra Pradesh, and Tamil Nadu — during her Union Budget 2026–27 speech in Parliament on Sunday, February 1, 2026 . Presenting her ninth consecutive Union Budget for the financial year April 2026 to March 2027 , Sit
21 hours ago7 min read
Corporate Mitra Programme Explained: How It Differs from PM MITRA and What Budget 2026–27 Means for MSMEs
In the Union Budget 2026–27 , Finance Minister Nirmala Sitharaman announced a new reform-oriented initiative called the Corporate Mitra programme , aimed at providing structured professional support to Micro, Small and Medium Enterprises (MSMEs) across India. The proposal was presented in Parliament on February 1, 2026 , as part of the government’s wider economic strategy focused on growth, employment generation, enterprise development, and improved compliance mechanisms f
1 day ago5 min read
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