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New Government Schemes Announced in Union Budget 2026-27 & Changes in Major Schemes

Updated: August 26, 2026By Sarkari Yojana Team54 views
Budget 2024-25 Schemes: check out the complete details of new social welfare schemes announced in 2024-25 union budget and outlay of major existing schemes
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हिन्दीमराठीবাংলাગુજરાતીதமிழ்తెలుగుಕನ್ನಡമലയാളംਪੰਜਾਬੀଓଡ଼ିଆঅসমীয়া

Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman on 1 February 2026, brings a new set of government schemes and updates to several existing ones. The focus stays on employment, skilling, healthcare, agriculture, MSMEs, infrastructure, and social justice, all aimed at building a Viksit Bharat.

Here is a detailed breakdown of the main schemes announced in the 2026-27 union budget and the key changes in major existing schemes.

Contents hide
Union Budget 2026-27: New Schemes and Key Changes
Employment & Skilling
Agriculture & Rural Development
Healthcare
Education & Skill Development
Infrastructure & Connectivity
Social Justice & Inclusive Development
Sustainability & Green Growth
Changes in Major Existing Schemes
FAQ's

Union Budget 2026-27: New Schemes and Key Changes

Budget 2026-27 keeps employment and skill development at the centre, with higher public investment in infrastructure and strong support for farmers, women, youth, and rural regions. The government has also put a clear focus on sustainability and green growth. Total expenditure for the year is estimated at around ₹53.47 lakh crore, while public capital expenditure has been raised to ₹12.2 lakh crore.

Detail Information
Budget Year 2026-27
Presented By Finance Minister Nirmala Sitharaman
Presentation Date 1 February 2026
Total Estimated Expenditure Around ₹53.47 lakh crore
Public Capital Expenditure ₹12.2 lakh crore
Key Focus Areas Employment, skilling, agriculture, healthcare, infrastructure, MSMEs, green growth
Official Website indiabudget.gov.in

Employment & Skilling

Employment and skill development are the top priorities of Budget 2026-27. The government has announced several schemes to create jobs, improve employability, and connect education with employment.

  • Employment Linked Incentive (ELI) Scheme: Now known as Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), this scheme supports first-time EPFO-registered workers with up to ₹15,000 paid in two instalments. It applies to jobs created between 1 August 2025 and 31 July 2027, and employers also get tiered monthly incentives for new hires. The official portal is pmvbry.labour.gov.in.
  • Prime Minister Internship Scheme: The scheme gives internships to 1 crore youth over five years in the top 500 companies of India. Rules updated in March 2026 raised the monthly stipend to ₹9,000 along with a one-time joining grant of ₹6,000, and widened the age limit. Applications keep opening in rounds on the official portal pminternship.mca.gov.in.
  • Education-to-Employment Committee: A high-powered standing committee will align education, employment, and enterprise growth so that students move smoothly from study to work.

Agriculture & Rural Development

Budget 2026-27 supports farmers through new technology, high-value crops, and stronger rural livelihoods.

  • Bharat-VISTAAR: A multilingual AI-based platform that brings agricultural resources together and gives customised advisory support to farmers.
  • Reservoir Development Scheme: Integrated development of 500 reservoirs and Amrit Sarovars to strengthen fisheries and water resources.
  • High-Value Agriculture Support: Targeted schemes to support the cultivation of coconut, cashew, cocoa, sandalwood, almonds, walnuts, and pine nuts.
  • Animal Husbandry Entrepreneurship Support: A credit-linked subsidy programme to promote livestock enterprises and expand veterinary infrastructure.

Healthcare

The budget expands healthcare services and builds new capacity across the country.

  • AHP Expansion: Institutions will be upgraded and new ones set up to add one lakh Allied Health Professionals over the next five years.
  • Caregiver Training Scheme: Training for 1.5 lakh caregivers with blended health and allied skills.
  • Mental Health & Trauma Care Expansion: NIMHANS-2 will be established, institutes in Ranchi and Tezpur upgraded, and district-level emergency trauma care centres strengthened.
  • Medical Value Tourism Hubs: Five medical value tourism hubs will be developed with the private sector.

Education & Skill Development

Budget 2026-27 builds new education infrastructure and links learning with jobs.

  • University Townships: Five new university townships will be set up near industrial and logistics corridors.
  • Girls' Hostels: One girls' hostel will be established in every district for higher education STEM institutions.
  • AVGC Content Creator Labs: Content creator labs will be set up in 15,000 schools and 500 colleges.
  • National Institute of Design (East): A new National Institute of Design will be established in eastern India.

Infrastructure & Connectivity

Higher public capital expenditure and new connectivity projects are part of Budget 2026-27.

  • Infrastructure Risk Guarantee Fund: A risk guarantee fund will support developers and speed up project execution.
  • National Waterways Expansion: Twenty new national waterways will be operationalised over the next five years.
  • City Economic Regions Scheme: City Economic Regions will be developed with ₹5,000 crore per region for Tier-2 and Tier-3 cities and temple towns.
  • Seven High-Speed Rail Corridors: Seven high-speed rail corridors will connect major cities as growth corridors.

Social Justice & Inclusive Development

Budget 2026-27 supports women, youth, Divyangjan, and rural enterprises through new schemes.

  • SHE-Marts: Community-owned retail outlets to support women-led rural enterprises.
  • Divyang Kaushal Yojana: Skill development programmes for Divyangjan in IT, AVGC, hospitality, and services sectors.
  • Divyang Sahara Yojana: Support for assistive devices through strengthened ALIMCO and assistive technology centres.

Sustainability & Green Growth

Green and clean energy remain a key theme of the 2026-27 budget.

  • Carbon Capture Utilisation and Storage (CCUS): ₹20,000 crore will be allocated over five years for deployment across key sectors.
  • Clean Energy Support: Schemes will support renewable energy and critical mineral processing.
  • Green Transport Initiatives: Inland waterways, coastal shipping, and eco-friendly logistics will be promoted.

Changes in Major Existing Schemes

Several existing schemes have been updated in Budget 2026-27. The Employment Linked Incentive scheme now runs as PM Viksit Bharat Rozgar Yojana with a wider window and higher support. The Prime Minister Internship Scheme has a higher stipend of ₹9,000 a month and a wider age limit. Existing housing, solar, and rural road schemes continue, with their detailed rules notified separately by the respective departments.

FAQ's

When was the Union Budget 2026-27 presented?

Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 on 1 February 2026.

What is the total estimated expenditure for 2026-27?

The government estimates total expenditure of around ₹53.47 lakh crore for 2026-27, with public capital expenditure of ₹12.2 lakh crore.

Where can I check the full budget details?

All budget documents, scheme details, and annexures are available on the official website indiabudget.gov.in.

Union Budget 2026-27 aims to drive inclusive growth through strong investment in employment, skilling, healthcare, agriculture, infrastructure, and green energy. The new schemes and changes to existing ones reflect the government's push toward a Viksit Bharat.

For detailed figures and more information on each scheme, refer to the annexures and specific sections of the budget document.

Related Latest Updates

6 Aug, 2026, 4:01 PM Tamil Nadu Announces New Rooftop Solar Subsidy of Up to INR 1 Lakh

Tamil Nadu government launched a new solar scheme in its Revised Budget 2026-27. Domestic users can get a rooftop solar subsidy of up to ₹1 lakh. This works with Pradhan Mantri Surya Ghar Muft Bijli Yojana. The state set aside ₹50 crore for this scheme to help residents lower electricity bills.

Along with solar, the government is upgrading power infrastructure. This includes installing smart meters for all Chennai users and 50 lakh industrial and commercial users across the state. Plans to add 2,640 MW through Udangudi Stage-I and Ennore SEZ Thermal Power Projects show a clear focus on power sector growth.

Energy and infrastructure updates

The state also plans to become a BESS hub with a new policy and will install 20,000 public EV charging stations over the next five years. Eligible households will see their free electricity limit increase from 100 to 200 units. This is similar to the Rajasthan 150 Units Free Electricity Scheme. For details on national schemes, see the Complete List of Schemes Launched by PM Narendra Modi or the New Government Schemes Announced in Budget 2024-25.

29 Jul, 2026, 7:03 PM India electronics production grows by 16 percent

Electronics manufacturing in India is growing fast. Production values went from ₹11.32 lakh crore in FY 2024-25 to ₹13.11 lakh crore in FY 2025-26. This is a 15.8 percent increase in one year. Domestic manufacturing is growing because of government support for mobile phones, IT hardware, and electronic parts.

Major production growth

Much of this success is due to the Production Linked Incentive Scheme for Large Scale Electronics Manufacturing. It started in 2020. This scheme has helped local production. India is now a hub for high-tech goods.

28 Jul, 2026, 12:01 PM PM Surya Ghar 2.0 to Focus on Performance-Linked Incentives

Changes are planned for PM Surya Ghar: Muft Bijli Yojana. Ministry of New and Renewable Energy is preparing a shift for the next phase, PM Surya Ghar 2.0. Instead of only offering subsidies for setup, the government plans to reward actual electricity generation and long-term system performance. This scheme is part of the List of Schemes Launched by PM Narendra Modi.

Updates for solar energy

This approach uses a two-part support system. It will likely include upfront money help along with incentives for battery storage and maintenance. The department is even looking at using AI for quality checks. This update aims to make rooftop solar more reliable for families. The ministry is also finding ways to help apartment residents join through community solar projects. It helps create a more stable power grid, matching the Government Schemes Announced in Budget 2024-25.

27 Jul, 2026, 4:04 PM Government Plans PM Surya Ghar 2.0 with Battery Storage

Government officials are planning the next phase of Pradhan Mantri Surya Ghar Muft Bijli Yojana to build on its reach. Over 48 lakh households already use rooftop solar panels. Now, the ministry is working on problems like grid connection and regular maintenance.

New plans for solar energy

A main focus for the upcoming 2.0 version is adding battery energy storage systems. These were skipped before to keep costs down. Now, they are very important for managing power after sunset. The ministry is also looking at shared rooftop solar models for people living in apartments or those without space on their roofs. These updates will make solar energy a steady and low-cost choice for Indian homes, matching the goals of new government schemes.

23 Jul, 2026, 5:09 PM Food Processing PLI Scheme Exceeds Investment and Job Targets

Production Linked Incentive Scheme for the food processing industry has met more than its initial goals. Official data shows that approved companies invested over 9,207 crore. This matches the promise of 7,722 crore.

This growth created roughly 3.35 lakh direct and indirect jobs across the country. The scheme currently supports 163 applications from 127 companies. This includes many small and medium firms. Current domestic processing capacity reached 34 lakh metric tonnes per year.

Better Support for Food Sector

Government also supports the sector through Prime Minister Formalisation of Micro Food Processing Enterprises scheme. This helps improve value addition and export readiness. For more updates on various initiatives, you can check the complete list of schemes launched by PM Narendra Modi or find out about new government schemes announced in Budget 2024-25.

18 Jul, 2026, 3:20 PM Arunachal Pradesh Cabinet Approves Major Infrastructure and Employment Initiatives

Itanagar state cabinet approved an investment of ₹7,834 crore for four development schemes. These projects will improve road, power, and school facilities across the state until 2029.

Important scheme details

Main points include:

  • 20% reservation for retired Agniveers in state police and other services.
  • ARUN MSME Mission to support local business owners.
  • New scholarships for students in Sainik Schools and military institutions.
  • Use of E-HRMS 2.0 platform to manage government employee records more easily.

Government is also making it easier to do business by simplifying trade license rules. These moves aim to build a more prosperous and self-reliant state. You can find details in official state government updates, similar to other schemes launched by PM Narendra Modi or government schemes announced in Budget 2024-25.