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Budget 2026 offers policy continuity, reform push, says FM Sitharaman at USISPF meet

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Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on February 9 addressed the Board Members of the US-India Strategic Partnership Forum (USISPF) in New Delhi, outlining the key tenets of the Union Budget 2026-27.

Speaking at the interaction, the Finance Minister said that under the leadership of Prime Minister Narendra Modi, the Union Budget reflects the government’s commitment to continuity, certainty and predictability from a policy perspective. She noted that this approach is aimed at enabling businesses and industry to draw up long-term plans and make sustained investment commitments.

Sitharaman highlighted a series of reform-focused announcements in the Budget, spanning multiple sectors. These include measures to support semiconductors and electronic components manufacturing, initiatives under Bio Pharma Shakti, the development of Rare Earth Corridors, and the upgradation of legacy industry clusters. She also underscored the government’s focus on building and strengthening India’s manufacturing capacity through micro, small and medium enterprises, with particular emphasis on medium enterprises and the creation of global champions from within the segment.

According to the Finance Minister, these initiatives are intended to reinforce India’s industrial and manufacturing ecosystem while sustaining the reform momentum across sectors.

Participants at the meeting acknowledged the policy efforts undertaken by the government to support reforms and expressed appreciation for the commitment towards fiscal discipline. This was noted as particularly significant against the backdrop of heightened global uncertainty.

Also read: India’s exports to get boost with US cutting tariff: FM Nirmala Sitharaman

The interaction underscored the government’s emphasis on predictable policymaking, structural reforms and fiscal discipline as central pillars of the Union Budget 2026-27.



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