New Delhi [India], February 2 (ANI): The Union Budget 2026-27 has drawn positive reactions from industry observers for its emphasis on economic growth, structural reforms and long-term capacity building across key sectors.

The Budget outlines a comprehensive roadmap to sustain India's growth momentum through higher capital expenditure, infrastructure development and targeted support for strategic industries. Measures aimed at strengthening manufacturing ecosystems, promoting technology adoption and improving ease of doing business form a central part of the policy framework.

Also Read | Who Was Tahir Mukhtar? Know All About Kashmiri Esports Player 'TahirFuego' Who Passed Away at 24.

A strong focus has been placed on empowering micro, small and medium enterprises through dedicated growth funds, enhanced liquidity support and improved digital settlement mechanisms. These steps are expected to address long-standing cash flow challenges and strengthen operational resilience across the MSME sector.

Commenting on the Budget, Akshat Khetan, Founder of AU Corporate Advisory and Legal Services, said the policy framework reflects a balance between ambition and inclusivity. "The Budget demonstrates clear intent through its focus on infrastructure-led growth, MSME empowerment and sector-specific reforms. While some measures may appear populist, the real differentiator will be effective and timely execution," he said.

Also Read | How To Apply for US H-1B Visa FY2027?.

Infrastructure development remains a key growth driver, with increased allocations for roads, railways and multimodal logistics. The Budget also highlights focused development of waterways, regional connectivity projects and urban infrastructure to improve efficiency and reduce costs for businesses.

The policy framework further underscores fiscal discipline, with a calibrated deficit trajectory aimed at maintaining macroeconomic stability while supporting strategic investment. Tax reforms designed to simplify compliance and improve ease of living were also highlighted.

Overall, the Union Budget has been viewed as a forward-looking policy exercise that blends growth priorities with fiscal responsibility. Industry observers believe its long-term impact will depend on how efficiently the announced measures are implemented on the ground. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)