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.

Feb 8, 2026, 9:33 AM