Current Affairs & Static GK • 2025-2026

Union Budget (2026-2027)

High-yield Union Budget (2026-2027) current-affairs and static-GK facts for 2025-2026, curated for RRB, SSC, Railway and banking exam preparation. Revise the key positions, names and details below, then test your recall with the timed active-recall quiz in our interactive dashboard.

81. Union Budget Key Estimates (Group A)

Topic / Position	Name / Detail	Note
Union Budget 2026-27 Presentation Date	February 1, 2026 (Presented on a Sunday by Nirmala Sitharaman)	Budget Facts
India's Avg. Growth Rate (Past 12 Years)	Around 7 percent	Budget Facts
Total Budget Expenditure (2026-27 BE)	Rs. 53,47,315 crore	Financial Estimates
Effective Capital Expenditure (2026-27 BE)	Rs. 17,24,523 crore	Financial Estimates
Fiscal Deficit (BE 2026-27)	4.3% of GDP (Rs. 16,95,788 crore)	Financial Deficits
Revenue Deficit (BE 2026-27)	1.5% of GDP (Rs. 5,92,344 crore)	Financial Deficits
Primary Deficit (BE 2026-27)	0.7% of GDP (Rs. 2,91,796 crore)	Financial Deficits
Effective Revenue Deficit (BE 2026-27)	0.3% of GDP (Rs. 98,642 crore)	Financial Deficits
Rupee Comes From: Largest Source	Borrowings and Other Liabilities (34p)	Receipt Share
Rupee Comes From: Direct Taxes Share	Income Tax (21p) & Corporation Tax (18p)	Receipt Share
Rupee Comes From: GST Share	15p	Receipt Share
Rupee Goes To: Largest Outflow	Interest Payments (26p)	Expenditure Share
Rupee Goes To: States' Share of Taxes	22p	Expenditure Share
Rupee Goes To: Defence Share	11p	Expenditure Share
Biopharma Shakti Initiative	Rs. 10,000 crore over 5 years (3 new NIPERs established)	Growth Interventions
India Semiconductor Mission 2.0 Allocation	Rs. 40,000 crore	Growth Interventions
Rare Earth Corridors Locations	Odisha, Kerala, Andhra Pradesh, and Tamil Nadu	Growth Interventions

82. Union Budget Key Estimates (Group B)

Topic / Position	Name / Detail	Note
Dankuni to Surat Project	New Freight Corridor in the West	Infrastructure
National Waterway NW-5 Priority Link	Connects Talcher & Angul (Odisha) with ports	Infrastructure
Allied Health Professionals Recruitment	Recruit 100,000 professionals in 5 years	Aspirations
AYUSH Institutes	3 new All India Institutes for AYUSH Education and Research	Aspirations
Content Creator Labs Initiative	Creative Technology support	Aspirations
Tourist Guides Training	10,000 guides for 12 weeks	Aspirations
Agricultural Water Reservoirs & Amrit Sarovars	Development of 500 reservoirs	Inclusive Development
AI AgriStack Portal	AI-based portal for farmers	Inclusive Development
Second NIMHANS Establishment	Ranchi, Jharkhand	Inclusive Development
Assistance to States under 16th Finance Commission	Rs. 1.4 lakh crore	Inclusive Development
Inland Waterways & Coastal Shipping Share Target	Increase from 6% to 12% by 2047	Inclusive Development
Multidimensional Poverty Reduction (Decade)	250 million people lifted out of poverty	Poverty Alleviation
Basic Customs Duty Exemptions	17 drugs exempted to provide relief to cancer patients	Poverty Alleviation
Budget Spend: Transport Sector	Rs. 5,98,520 crore	Spending Allocations
Budget Spend: Defence Sector	Rs. 5,94,585 crore	Spending Allocations
Budget Spend: Rural Development	Rs. 2,73,108 crore	Spending Allocations
Income Tax: Rs. 0-4 lakh Slab	Nil Rate	New Tax Regime Slabs
Income Tax: Rs. 4-8 lakh & Rs. 8-12 lakh Slabs	4-8L: 5% \| 8-12L: 10%	New Tax Regime Slabs
Income Tax: Rs. 12-16 lakh & Rs. 16-20 lakh Slabs	12-16L: 15% \| 16-20L: 20%	New Tax Regime Slabs
Income Tax: Above Rs. 24 lakh Slab	30% Rate (Rs. 20-24 lakh is 25%)	New Tax Regime Slabs

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