In a landmark presentation, Union Finance Minister Nirmala Sitharaman unveiled the Union Budget 2026, introducing a comprehensive three-Kartavya framework designed to propel India's economic trajectory forward. This strategic blueprint aims to accelerate growth, fulfill citizen aspirations, and ensure equitable access to resources across all segments of society.
A Vision for Inclusive Prosperity
Addressing the nation, Sitharaman emphasized that the three-part approach is crafted to strengthen inclusivity and resilience, directly benefiting farmers, youth, women, disadvantaged groups, and every region through sustained reform momentum. The framework emerges against a backdrop of global economic headwinds, positioning India for robust development.
Kartavya No. 1: Economic Growth Focus
The first pillar of the framework prioritizes accelerating and sustaining economic growth. It focuses on enhancing productivity, boosting competitiveness, and building resilience to volatile global dynamics. This initiative seeks to create a stable economic environment capable of withstanding external pressures while fostering domestic expansion.
Kartavya No. 2: Capacity Building
The second Kartavya is dedicated to fulfilling people's aspirations by building their capacity. It aims to empower citizens, enabling them to become strong partners in the nation's prosperity path. This involves skill development, education enhancements, and creating opportunities for personal and professional growth.
Kartavya No. 3: Universal Access
The third component strives to ensure that every family, community, region, and sector has equitable access to resources, amenities, and opportunities for meaningful participation. This Kartavya addresses disparities, promoting social justice and inclusive development across the country.
As Budget 2026 unfolds, all eyes are on potential reforms, capital expenditure pushes, and tax relief measures for salaried and middle-class taxpayers. With this being Sitharaman's record ninth consecutive budget, the framework sets a precedent for future economic policies, aiming to navigate challenges while seizing opportunities for national progress.
