Union Budget 2026–27: An Environmental and Sustainability-Centred Economic Analysis
T he Union Budget 2026–27, presented as a Yuva Shakti-driven Budget, is framed around three guiding Kartavya: accelerating economic growth, building human capacity, and ensuring inclusive development aligned with the vision of Sabka Saath, Sabka Vikas . India stands at a critical juncture: it is one of the fastest-growing major economies, yet also among the most climate-vulnerable countries. The Budget must therefore be evaluated not only in terms of fiscal prudence and growth potential, but also by how effectively it addresses ecological stress, resource scarcity, emissions intensity, biodiversity protection, and long-term sustainability at both the national and global levels. 1. Environment–Economy Integration: A Structural Shift A notable feature of the 2026–27 Budget is that environmental considerations are not confined to a single ministry or scheme. Instead, sustainability is embedded across infrastructure, energy, trans...