Union Budget 2026-27: AI & Data Centres Surge, Infrastructure Modernisation and Healthcare Innovation Take Centre Stage
Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 yesterday, delivering a capex-sustained (₹12.2 lakh crore), fiscally disciplined (deficit at 4.3% of GDP) roadmap that prioritises digital economy acceleration, infrastructure modernisation, life sciences self-reliance, and public health resilience. Key announcements include a tax holiday until 2047 for foreign cloud providers using Indian data centres, increased allocation for the India AI Mission, the ₹10,000-crore Biopharma Shakti programme, a five-year ₹10,000-crore container manufacturing scheme, high-speed & freight corridor development, the Infrastructure Risk Guarantee Fund, regional medical tourism hubs, NIMHANS-2, and duty exemptions…
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