Union Budget 2026-27: Complete List of Government Schemes Announced in the New Budget
Union Budget 2026-27 introduces a wide range of schemes that support growth, jobs, and social balance. Manufacturing, MSMEs, infrastructure, education, healthcare, and agriculture receive strong policy and financial backing.
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The Union Budget 2026-27 has introduced many new schemes that will help to develop the economy and society of India. The new schemes include support for factories, small businesses, cities, villages, farmers, students, workers, and investors. The Union Budget has three main objectives. The first objective is to enhance economic growth. The second objective is to develop skills and employment. The third objective is to ensure balanced development.
The government focuses on manufacturing, infrastructure, clean energy, education, healthcare, and agriculture. Strong support is given to MSMEs, startups, and job creators. Digital systems, green technologies, and modern logistics receive special attention. This blog explains the schemes introduced in the Union Budget 2026-27, clearly grouped by sector.
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List of Schemes Included in Union Budget 2026-27
Every sector has different schemes. Below are the schemes by sector.
1. Manufacturing & Industry Schemes
- Biopharma SHAKTI Scheme: This scheme supports biopharma manufacturing and research. It builds global-scale drug production capacity. New institutes and clinical trial networks improve quality.
- India Semiconductor Mission (ISM) 2.0: This scheme strengthens chip manufacturing and equipment production. It promotes Indian technology ownership. It builds a skilled semiconductor workforce.
- Electronics Components Manufacturing Scheme: This scheme boosts domestic production of electronic components. It reduces imports. It creates large-scale manufacturing jobs.
- Rare Earth Corridors Scheme: This scheme supports the mining and processing of rare minerals. It strengthens clean energy and electronics supply chains. Mineral-rich states gain focused growth.
- Chemical Parks Scheme: This scheme sets up three cluster-based chemical parks. It offers ready infrastructure. It improves safety and cost efficiency.
- Hi-Tech Tool Rooms Scheme: This scheme establishes advanced tool rooms by CPSEs. It supports precision manufacturing. It lowers production costs for industries.
- Construction & Infrastructure Equipment (CIE) Scheme: This scheme promotes local manufacturing of advanced equipment. It supports infrastructure growth. It reduces import dependence.
- Container Manufacturing Scheme: This scheme builds a domestic container ecosystem. It supports exports and logistics. It reduces global supply risks.
- National Fibre Scheme: This scheme promotes natural and man-made fibres. It supports textile self-reliance. It benefits farmers and manufacturers.
- Textile Expansion and Employment Scheme: This scheme modernizes textile clusters. It supports machinery upgrades. It increases employment.
- Mega Textile Parks Scheme: This scheme develops large textile parks. It focuses on technical textiles. It boosts exports.
- Mahatma Gandhi Gram Swaraj Initiative: This scheme strengthens khadi and handicrafts. It supports branding and training. It improves rural incomes.
2. MSME & Enterprise Schemes
- SME Growth Fund: This scheme supports high-potential SMEs. It helps scaling and global competitiveness. It promotes future champions.
- Self-Reliant India Fund: This scheme provides risk capital to micro enterprises. It improves business stability. It supports long-term growth.
- Corporate Mitras Programme: This scheme trains professionals to support MSMEs. It improves compliance and finance skills. It focuses on smaller towns.
3. Infrastructure & Transport Schemes
- Infrastructure Risk Guarantee Fund: This scheme reduces project construction risk. It attracts private investment. It speeds up infrastructure delivery.
- Dedicated Freight Corridor Expansion: This scheme improves cargo movement. It lowers logistics costs. It supports industrial growth.
- National Waterways Expansion Scheme: This scheme expands inland water transport. It promotes green logistics. It reduces road congestion.
- Coastal Cargo Promotion Scheme: This scheme shifts cargo to coastal routes. It lowers transport emissions. It improves port connectivity.
- Ship Repair Ecosystem Scheme: This scheme builds inland ship repair hubs. It supports waterways transport. It creates local jobs.
- Seaplane VGF Scheme: This scheme supports seaplane operations. It improves remote connectivity. It boosts tourism.
- City Economic Regions (CER) Scheme: This scheme funds planned urban growth. It supports city-level reforms. It promotes regional balance.
- High-Speed Rail Corridor Programme: This scheme connects major cities. It promotes clean passenger travel. It supports economic integration.
4. Energy & Environment Schemes
- Carbon Capture, Utilisation and Storage (CCUS) Scheme: This scheme supports carbon-reduction technologies. It improves energy security. It supports climate goals.
5. Education, Skill & Employment Schemes
- Education to Employment Standing Committee: This scheme aligns education with job needs. It focuses on the growth of the services sector. It improves employability.
- Allied Health Professionals Scheme: This scheme expands healthcare training. It adds skilled health workers. It strengthens medical services.
- Regional Medical Hubs Scheme: This scheme promotes medical tourism. It builds advanced healthcare hubs. It attracts global patients.
- AYUSH Institutes Expansion Scheme: This scheme sets up new Ayurveda institutes. It strengthens traditional medicine. It improves training capacity.
- University Townships Scheme: This scheme develops education hubs near corridors. It supports industry-academia linkage. It improves research access.
- Girls’ Hostel Scheme: This scheme builds hostels in every district. It supports female education. It improves safety and access.
6. Tourism, Culture & Sports Schemes
- Tourism Guide Upskilling Scheme: This scheme trains tourist guides. It improves service quality. It supports local employment.
- National Destination Digital Knowledge Grid: This scheme digitally maps heritage sites. It improves tourism planning. It preserves culture.
- Heritage Sites Development Scheme: This scheme upgrades archaeological sites. It creates cultural experiences. It boosts heritage tourism.
- Khelo India Mission: This scheme strengthens sports infrastructure. It supports athlete development. It promotes sports careers.
7. Agriculture & Rural Development Schemes
- Amrit Sarovar & Reservoir Development Scheme: This scheme enhances water storage capacity. It supports irrigation. It boosts farm productivity.
- High Value Agriculture Promotion Scheme: This scheme promotes high-value crops. It increases farmer income. It supports coastal farming.
- Coconut Promotion Scheme: This scheme improves coconut productivity. It supports farmers. It strengthens coastal economies.
- Bharat-VISTAAR AI Agriculture Platform: This scheme provides digital farm advice. It integrates data and AI. It supports smart farming.
8. Social Inclusion & Health Schemes
- Divyangjan Kaushal Yojana: This scheme provides skill training for Divyangjan. It supports inclusive jobs. It promotes dignity and income.
- Mental Health Infrastructure Scheme: This scheme sets up NIMHANS-2 and upgrades institutes. It improves trauma care. It expands mental health access.
9. Regional Development Schemes
- East Coast Industrial Corridor Scheme: This scheme boosts eastern industrial growth. It improves connectivity. It attracts investment.
- Purvodaya Tourism Development Scheme: This scheme develops tourism in eastern states. It creates jobs. It supports regional balance.
- North-East Buddhist Circuit Development Scheme: This scheme promotes spiritual tourism. It improves infrastructure. It supports cultural preservation.
Conclusion
Union Budget 2026-27 introduces a wide range of schemes that support growth, jobs, and social balance. Manufacturing, MSMEs, infrastructure, education, healthcare, and agriculture receive strong policy and financial backing. The budget focuses on clean energy, digital systems, skilled manpower, and regional development.
Each scheme aims to promote long-term stability and inclusive growth. Small businesses get funding and expertise. Cities and villages get modern infrastructure. Farmers get water, crops, and digital services. Social welfare programs improve health, education, and inclusiveness.
The Union Budget 2026-27 schemes provide a clear roadmap for sustainable development. These initiatives prepare the economy for future challenges while ensuring that growth reaches every sector and region.
About the Author
Mahek Sancheti
Content WriterMahek Sancheti, BAJMC graduate with a deep passion for writing. As a content writer, video content creator, creative content creator, and scriptwriter, I bring stories to life through words and visuals. I honed my skills by working with a prominent news agency, where I excelled in crafting compelling narratives and engaging content. Coming from a journalism and mass communication background I have skills to craft engaging narratives that captivate audiences. With a keen interest in writing and creativity, I aim to deliver impactful and meaningful content that resonates with diverse audiences.
https://www.linkedin.com/in/mahek-sancheti-837196212
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