Union Budget 2026 - Full List of Government Schemes

• Coconut Promotion Scheme: Dedicated scheme to boost productivity of coconut.

• Reservoir Development Scheme: Integrated development of 500 reservoirs and Amrit Sarovars.

Infrastructure and Connectivity

• Container Manufacturing Assistance Scheme (CMAS): to establish a globally competitive container manufacturing ecosystem in India by allocating ₹10,000 crore over the next five years.

• Coastal Cargo scheme: Incentives for coastal and inland water transport. 

• Seaplane VGF: To improve last-mile connectivity and tourism access, viability gap funding will be provided. 

Services and Employment 

• SHE-Marts: For women-led rural enterprises, community-owned retail outlets to be introduced.

• Divyang Kaushal Yojana: Skill training in IT, AVGC (Animation, Visual Effects, Gaming, and Comics), hospitality, and services.

• Divyang Sahara Yojana: Assistive devices through ALIMCO (Artificial Limbs Manufacturing Corporation of India) and tech centres.

Tourism, Culture and Heritage

• Scheme to train tourist guide: 10,000 guides at 20 iconic sites

• Heritage-based cultural tourism development scheme: Developing 15 archaeological sites with experiential access to disperse tourism from over-crowded destinations to emerging heritage locations.

Sustainability and Green Growth

• CCUS Mission: Allocation of Rs.20,000 crore over five years for carbon capture deployment.

• Clean Energy Support: Boost renewable energy and critical mineral processing.

Manufacturing and Infrastructure

Biopharma SHAKTI (Strategy for Healthcare Advancement through Knowledge, Technology and Innovation)

• To develop India as a global biopharma manufacturing hub with an outlay of Rs.10,000 crores over five years.

• It includes creating a network of 3 new National Institutes of Pharmaceutical Education and Research (NIPERs).

• Upgrading 7 existing ones and establishing a network of over 1000 accredited clinical trial sites.

India Semiconductor Mission (ISM) 2.0

• To expand India's semiconductor capabilities, including the production of equipment and materials, designing full-stack Indian IP, and fortifying supply chains.

• Focus on industry-led research and training centers.

Scheme for Enhancement of Construction and Infrastructure Equipment (CIE)

To strengthen the domestic manufacturing of high-value and technologically advanced construction and infrastructure equipment.

Scheme for Container Manufacturing

• To create a globally competitive container manufacturing ecosystem.

• Allocation of over Rs.10,000 crore over a 5-year period.

National Fibre Scheme

• Focus on achieving self-reliance in natural fibres, such as silk, wool, and jute.

• Focus on man-made and new-age fibres as well.

Textile Expansion and Employment Scheme

To modernize traditional textile clusters with capital support for machinery, technology upgradation, and common testing and certification centres.

SME Growth Fund

• A dedicated Rs.10,000 crore fund to create "Champion SMEs".

• Incentivizing enterprises based on select criteria.

 Other Key Schemes

Scheme to support States in establishing five Regional Medical Hubs

• The scheme will be launched in partnership with the private sector.

• Hubs will function as integrated healthcare complexes combining medical care, education, and research.

• Facilities to include AYUSH Centres and Medical Value Tourism Facilitation Centres.

• Infrastructure for post-treatment care, advanced diagnostics, and rehabilitation services.

• Designed to create diverse employment opportunities for healthcare professionals, including doctors and allied health professionals (AHPs).

One-time 6-month foreign asset disclosure scheme

• The scheme to be launched for students, young professionals, relocated NRIs, tech employees, etc.

• This scheme will be introduced to disclose income or assets below a certain size.

Scheme for Development of Buddhist Circuits

• Development of Buddhist circuits in Arunachal Pradesh, Manipur, Mizoram, Sikkim, Assam, and Tripura.

• Focus on temple and monastery preservation.

• Creation of pilgrimage interpretation centres and visitor amenities.

Khelo India Mission

• Long-term mission to transform the sports ecosystem by using sports science, technology, and modern infrastructure.

• Integrated talent identification and development pathway.

• Capacity building of coaches.

Pilot Scheme for Upskilling Tourist Guides

• Upskilling 10,000 tourist guides across 20 tourist sites

• 12-week standardized training in hybrid mode to be implemented in collaboration with an IIM.

Union Budget 2026-2027 Highlights

The major highlights of Union Budget 2026-2027 are mentioned below:

Expenditure

• Total spending in 2026–27: Rs.53,47,315 crore

• Increase of 7.7% over RE (Revised Estimate) 2025–26.

• Interest payments form 26% of expenditure and 40% of revenue receipts.

Receipts

• Receipts (excluding borrowings) estimated at Rs.36,51,547 crore

• Growth of 7.2% over RE 2025–26

• Tax revenue expected to rise by 8%

GDP Growth

• Nominal GDP growth projected at 10% in 2026–27

Fiscal Indicators

• Revenue deficit: 1.5% of GDP (unchanged from 2025–26 RE)

• Fiscal deficit: 4.3% of GDP, lower than 4.4% in 2025–26 RE

Public Debt

• Target to reduce outstanding liabilities to approximately 50% of GDP by March 2031

• Debt level in 2026–27: 55.6% of GDP

How to Avail the Government Scheme Benefits? 

The details about the eligibility, application procedures, and document list of the government schemes announced in the Union Budget 2026 will be updated on the respective website of the implementing ministries. Once official guidelines and scheme-specific registrations are released, the beneficiaries will be able to apply through their designated state or central government.