Last Updated on February 2, 2026 10:58 pm by BIZNAMA NEWS
Sudhir Kumar
Terming the Union Budget 2026-27 futuristic, Science and Technology Minister Dr Jitendra Singh today said that the budget lays the roadmap for the next quarter of the century.
Addressing a press conference in New Delhi today, Dr Singh highlighted that the allocation of ten thousand crore rupees for Bio Pharma Shakti, will strengthen India’s position in the bio-manufacturing sector. He said the Budget also focuses on providing relief to the middle class, including measures to improve affordability of treatment for diseases such as cancer.
The Minister said the extension of customs duty exemptions on the import of components for nuclear plants till 2035 will encourage investors and help ensure access to high-quality infrastructure in the nuclear energy sector.
The Minister further underlined that the Budget is driven by structural reforms supported by cutting edge technology and artificial intelligence. He added that the allocation of twenty thousand crore rupees for carbon capture initiatives will help address environmental challenges.
Emphasising the reform-oriented nature of the budget, the minister said it is anchored in structural changes supported by cutting-edge technology and artificial intelligence. He added that the allocation of ₹20,000 crore for carbon capture initiatives will play a crucial role in addressing environmental challenges and supporting India’s transition towards a cleaner and more sustainable economy.
Overall, Dr Singh said, the Union Budget 2026–27 balances growth, innovation and sustainability, while keeping long-term national priorities firmly in focus.
