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Union Budget 2026 Allocates ₹40,000 Crore for Semiconductors and Focuses on Jharkhand's Development

SEMICONDUCTOR

Union Minister Jual Oram described the Union Budget 2026 as a 'Reform Express', emphasizing economic growth and inclusive development. Key allocations include ₹40,000 crore for semiconductors, ₹10,000 crore for the bio-pharma sector, and substantial investments in MSMEs and infrastructure.

Jharkhand will receive ₹51,236 crore through tax devolution and ₹17,600 crore for the railway sector. The budget also promotes women's empowerment and social welfare schemes, aiming for industrial growth and improved living standards in the region.

Union Budget 2026 Allocates ₹40,000 Crore for Semiconductors and Focuses on Jharkhand's Development
Feb 8, 2026, 9:33 AM

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