Indian Budget Fails to Spur Private Investment

Finance Minister presented the 2026 Union Budget on February 1, 2026, which the author says fails to revive private and foreign investment or strengthen capacity building. The Budget includes a five-year ₹10,000 crore Biopharma Shakti scheme and a two-decade tax holiday for domestic data-centres but cuts to health, education, and scholarships undermine inclusive growth and climate-resilient planning.