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List of New Government Schemes Announced in Union Budget 2026-27

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हिन्दीमराठीবাংলাગુજરાતીதமிழ்తెలుగుಕನ್ನಡമലയാളംਪੰਜਾਬੀଓଡ଼ିଆঅসমীয়া

Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman on 1 February 2026, brought a fresh set of government schemes across agriculture, manufacturing, healthcare, education, infrastructure, and services. These new schemes are built around three main goals: faster economic growth, building people's capacity, and inclusive development on the path to Viksit Bharat.

Public capital expenditure has been raised to ₹12.2 lakh crore for 2026-27, and a ₹10,000 crore SME Growth Fund has been proposed to create future champions among micro, small, and medium enterprises. Here is a list of the main new schemes announced in the 2026-27 budget with their key details.

New Schemes Announced in Union Budget 2026-27

The budget gives a clear focus to agriculture, manufacturing, healthcare, and infrastructure. Many schemes announced earlier, such as PM Dhan-Dhaanya Krishi Yojana, continue to grow in 2026-27, while several new schemes have been added for the coming years.

Agriculture and Rural Development Schemes

Agriculture gets a major focus with new schemes that support farming and high-value crops.

  • Bharat-VISTAAR: A multilingual AI platform that combines the AgriStack portals and ICAR farm practices. It gives farmers customised advice on crops, soil, and weather to improve productivity.
  • Coconut Promotion Scheme: A dedicated scheme to raise coconut production and productivity across the country.
  • High-Value Agriculture Promotion: Targeted support for coconut, cashew, cocoa, sandalwood, almonds, walnuts, and pine nuts to raise farmer incomes.
  • Reservoir Development Scheme: Integrated development of 500 reservoirs and Amrit Sarovars to strengthen fisheries and water resources.
  • Animal Husbandry Entrepreneurship Support: A loan-linked capital subsidy scheme to promote livestock enterprises, modernise farms, and expand veterinary services.
DetailInformation
SchemeUnion Budget 2026-27 new schemes
Presented ByFinance Minister Nirmala Sitharaman
Presented On1 February 2026
Public Capital Expenditure₹12.2 lakh crore
SME Growth Fund₹10,000 crore
Biopharma SHAKTI₹10,000 crore
CCUS Mission₹20,000 crore

Manufacturing and MSME Schemes

Manufacturing gets a strong push through new missions and funds to build a self-reliant industrial base.

  • Biopharma SHAKTI: An outlay of ₹10,000 crore over five years to build a global biopharma manufacturing hub, including new NIPER institutes and clinical trial sites.
  • SME Growth Fund: A ₹10,000 crore fund to create future champions among MSMEs, with incentives based on select criteria.
  • India Semiconductor Mission 2.0: Expands semiconductor capabilities, including equipment and materials production, full-stack Indian IP design, and stronger supply chains.
  • National Fibre Scheme: Focuses on self-reliance in natural fibres like silk, wool, and jute, along with man-made and new-age fibres.
  • Textile Expansion and Employment Scheme: Modernises traditional textile clusters with capital support for machinery, technology upgrades, and testing centres.

Infrastructure and Connectivity Schemes

Infrastructure spending is the biggest driver of the 2026-27 budget, with public capex rising to ₹12.2 lakh crore.

  • Seven High-Speed Rail Corridors: New corridors connecting Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, Hyderabad-Chennai, Chennai-Bengaluru, Delhi-Varanasi, and Varanasi-Siliguri.
  • Twenty New National Waterways: Operationalised over the next five years, starting with NW-5 in Odisha to connect mineral-rich areas to ports.
  • Coastal Cargo Promotion Scheme: Incentives to shift cargo to coastal shipping and inland waterways.
  • City Economic Regions: ₹5,000 crore allocated per region over five years for Tier-2 and Tier-3 cities and temple towns.
  • Container Manufacturing Assistance Scheme: ₹10,000 crore over five years to build a globally competitive container manufacturing ecosystem.
  • Seaplane VGF Scheme: Viability gap funding to improve last-mile connectivity and tourism access through seaplanes.

Healthcare Schemes

Healthcare gets new schemes that expand services, training, and regional access.

  • Regional Medical Hubs: Five medical value tourism hubs set up with the private sector, combining healthcare, education, and research facilities.
  • AHP Expansion: Institutions upgraded and new ones established to add one lakh Allied Health Professionals over five years.
  • Caregiver Training Scheme: Training for 1.5 lakh caregivers with blended health and allied skills.
  • Mental Health and Trauma Care: NIMHANS-2 to be set up, with institutes in Ranchi and Tezpur upgraded as regional apex institutions.

Education and Skill Development Schemes

Education and skill schemes aim to build a future-ready workforce.

  • AVGC Content Creator Labs: Set up in 15,000 schools and 500 colleges to build skills in animation, visual effects, gaming, and comics.
  • Girls Hostels: One hostel in every district for higher education STEM institutions.
  • Khelo India Mission: A long-term mission to transform the sports sector with talent development, coach training, and modern infrastructure.
  • National Institute of Hospitality: Upgraded from the existing National Council for Hotel Management and Catering Technology.

Services, Employment and Social Welfare Schemes

New schemes support women-led enterprises and people with disabilities.

  • SHE-Marts: Community-owned retail outlets set up to support women-led enterprises under the Lakhpati Didi programme.
  • Divyang Kaushal Yojana: Skill training for Divyangjan in IT, AVGC, hospitality, and services.
  • Divyang Sahara Yojana: Support for assistive devices through strengthened ALIMCO and assistive technology centres.

Tourism, Culture and Sustainability Schemes

Tourism, culture, and green growth get dedicated schemes in the 2026-27 budget.

  • Tourist Guide Upskilling Scheme: Training for 10,000 tourist guides at 20 iconic sites through a 12-week course.
  • Heritage Site Development: Fifteen archaeological sites developed with experiential public access.
  • Buddhist Circuits Scheme: Development of Buddhist circuits in Arunachal Pradesh, Sikkim, Assam, Manipur, Mizoram, and Tripura.
  • CCUS Mission: ₹20,000 crore over five years for carbon capture, utilisation, and storage across key sectors.

These new schemes show the government's focus on growth, inclusion, and long-term development. With strong support for agriculture, manufacturing, healthcare, and infrastructure, the 2026-27 budget lays out a clear roadmap for a Viksit Bharat. Eligible people can apply for these schemes through the official portals of the respective ministries once the detailed guidelines and registrations are released.

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