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Informist, Sunday, Feb. 1, 2026

 

NEW DELHI – Saurabh Sanyal, secretary general, Associated Chambers of Commerce and Industry of India, said the following on the Union Budget for 2026-27 (Apr-Mar), presented in the Lok Sabha by Finance Minister Nirmala Sitharaman on Sunday:

 

The allocation for capital expenditure in the Union Budget for 2026-27 at INR 12.2 trillion fell short of ASSOCHAM's expectations of around INR 15 trillion. Infrastructure is linked to railways, roadways, manufacturing, and power. Unless capital expenditure is increased meaningfully, achieving a larger scale of growth becomes difficult. 

 

However, the government has included around 60% of ASSOCHAM's proposals, particularly across micro, small, and medium enterprises, logistics, sustainability, and emerging technologies. 

 

Despite the shortfall in capex, several of ASSOCHAM's key recommendations found place in the Budget. Out of about 25 suggestions submitted to the government, nearly 19 have been included. The rest of the proposals were not addressed adequately. 

 

Though the Budget proposed five new education hubs, it did not highlight the upgradation of the existing infrastructure. The Budget did not sufficiently address concerns around the cost of doing business and investment, particularly measures to attract foreign institutional and direct investment.  End

 

As told to Afra Abubacker

Edited by Avishek Dutta

 

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