**Executive Summary**
Union Minister Dr. Jitendra Singh announced the Union Budget 2026-27, emphasizing technology-driven AI-integrated structural reforms to shape India's future. The budget focuses on securing the middle class's future through healthcare, innovation, and lower costs. The announcement was made on February 2, 2026, during a post-Budget interaction organized by the Ministry of Science & Technology. The budget aims to provide long-term relief from rising healthcare and living costs.
**Key Points / Main Content**
* **Healthcare and Disease Management:**
* Budget addresses long-term relief from cancer, diabetes, and chronic diseases through investment in biopharma, diagnostics, vaccines, and gene-based therapies.
* Plans to establish new super-speciality academic and clinical institutes for mental health in North India.
* Focus on strengthening traditional medicine systems via new Ayurveda and pharmaceutical education institutes.
* Emphasis on affordable drugs, vaccines, and diagnostics supported by domestic biomanufacturing.
* **Science and Technology Initiatives:**
* Pushes technology-driven AI-integrated structural reforms.
* Allocation of ₹20,000 crore for Carbon Capture, Utilisation and Storage (CCUS).
* Structured deployment of AI in agriculture to benefit farmers.
* Extension of customs duty exemptions on imported components for nuclear power plants till 2035.
* Development of rare earth corridors and critical mineral initiatives to support clean energy and electronics manufacturing.
* Establishment of two mega science R&D infrastructure facilities (30-metre National Large Optical Telescope and a National Large Solar Telescope).
* Implementation of the National Geospatial Mission via the PM Gati Shakti platform for planned urbanisation and infrastructure design.
* **Economic and Industrial Development:**
* Budget secures the middle class's future through healthcare, innovation, and lower costs.
* Biotechnology is considered the next major industrial driver, comparable to IT in previous decades.
* ₹10,000 crore Biopharma Shakti initiative to strengthen India's position as a global bio-manufacturing hub.
* Focus on the Blue Economy, including expansion of national waterways, coastal tourism, and deep-sea fisheries.
* **Inclusivity and Social Welfare:**
* Ensures inclusivity with measures to benefit the poorest sections, including improved healthcare access and affordable medicines.
* Supports women-led entrepreneurship programmes and science-based livelihood generation.
**Impact Analysis**
**Impact**
Citizens, especially the middle class and vulnerable sections, will benefit from affordable healthcare, reduced living costs, and improved access to medicines and healthcare facilities.
**Action Required**
Citizens should be informed about the budget's benefits and engage in understanding its long-term impacts on healthcare and the economy.
**Impact**
Researchers and scientific community benefit from increased R&D infrastructure, funding for biotechnology, and opportunities for collaboration.
**Action Required**
Researchers should leverage the new funding and infrastructure to accelerate research in areas like biopharma, AI, and clean energy.
**Impact**
Industry stakeholders involved in healthcare, technology, and manufacturing will benefit from policy support, investment incentives, and opportunities for growth and innovation.
**Action Required**
Industry stakeholders should align their strategies with the budget's focus areas and take advantage of the support for domestic manufacturing and technological development.
**Impact**
Government agencies such as the Ministry of Science & Technology, Department of Biotechnology, and CSIR.
**Action Required**
Government agencies are responsible for implementing the budget initiatives, coordinating with stakeholders, and ensuring effective allocation of resources to achieve the budget's objectives.
Key Entities Referenced
Union Budget 2026–27: The subject of the press release focusing on technology-driven reforms and healthcare.
Ministry of Science & Technology: The ministry that organized the post-Budget interaction and is mentioned in relation to the Budget’s emphasis on technology.
Biopharma Shakti initiative: A ₹10,000 crore initiative aimed at boosting India's bio-manufacturing sector.
National Geospatial Mission: A reformative mission utilizing the PM Gati Shakti platform for urban planning and land management.
Carbon Capture, Utilisation and Storage (CCUS): A ₹20,000 crore allocation aimed at industrial decarbonisation.
Ministry of Science & Technology
Budget 2026 pushes Technology-driven AI-
integrated Structural Reforms to Shape India’s
Future, says Union Minister Dr Jitendra Singh
Not only a One-Year Budget but a Generational Roadmap,
Budget 2026–27 Secures Middle-Class Future Through
Healthcare, Innovation and Lower Costs: Dr Jitendra Singh
Middle-Class Gains Through Affordable Healthcare, as
Budget Targets Long-Term Relief from Cancer, Diabetes and
Chronic Diseases, says Dr Jitendra Singh
AI in Agriculture to Empower and Protect Farmers, as
Budget Delivers for the Poorest of the Poor and the
Aspirational Middle Class: Dr Jitendra Singh
Mega Telescopes, Advanced Research Infrastructure to
Boost India’s Global Science Standing: Dr Jitendra Singh
Posted On: 02 FEB 2026 5:14PM by PIB Delhi
Union Minister of State (Independent Charge) for Science & Technology and Earth Sciences, and Minister
of State for PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and
Pensions, Dr Jitendra Singh today said that the Union Budget 2026–27 pushes technology-driven AI-
integrated structural reforms to shape India’s future and lays down a forward-looking roadmap for the next
quarter century.
Addressing the media in a post-Budget interaction organised by the Ministry of Science & Technology, the
Minister said the Budget may take time to be fully appreciated, but it reflects a clear, sequential vision
where structural reforms are powered by cutting-edge technologies, and cutting-edge technologies are
increasingly driven by AI. He said this makes the Budget inherently futuristic and places a responsibility
on informed stakeholders, including the media, to communicate its long-term benefits to citizens.
Dr Jitendra Singh addressed concerns regarding benefits for the middle class, stating that the Budget’s true
impact lies in long-term relief from rising healthcare and living costs, rather than short-term income
calculations. He said large-scale investment in biopharma, diagnostics, vaccines, and gene-based therapies
would significantly reduce the financial burden on families dealing with chronic diseases such as cancer,
diabetes, and metabolic disorders.Highlighting India’s growing health challenges, the Minister noted that the country has over 11–12 crore
diabetics, nearly 14 crore pre-diabetics, and a rapidly increasing incidence of cancer, with projections
touching two million cases annually by 2030. He said affordable drugs, vaccines, and diagnostics,
supported by domestic biomanufacturing, would be a major social and economic support, especially for
the middle class and vulnerable sections.
Referring to the ₹10,000 crore Biopharma Shakti initiative, Dr Jitendra Singh said India has already
emerged as a global bio-manufacturing hub, ranking among the top bio-economies globally and within the
Indo-Pacific region. He said the new outlay will further strengthen this position by expanding capabilities
in biologics, biosimilars, vaccines, medical devices, and gene-based technologies.
The Minister described biotechnology as the next major industrial driver, comparable to the role played by
IT in previous decades, and said the upcoming industrial revolution will be a bio-revolution,
encompassing recycling, regeneration, circular economy, and advanced life-science innovations.
Dr Jitendra Singh said the Budget also addresses non-communicable diseases and mental health, areas that
were neglected in earlier decades. He announced that new super-speciality academic and clinical institutes
for mental health will be established in North India, ensuring wider and more equitable access to care.
He also highlighted the decision to establish new institutes of Ayurveda and pharmaceutical education,
saying these initiatives will strengthen traditional medicine systems while integrating them with modern
research and healthcare delivery.
The Minister said the extension of customs duty exemptions on imported components for nuclear power
plants till 2035 will improve project efficiency and attract credible domestic and international investment.
He said this aligns with recent reforms aimed at expanding private sector participation in the nuclear
ecosystem.
Dr Jitendra Singh also referred to the development of rare earth corridors and critical mineral initiatives,
stating these will support clean energy technologies, electronics manufacturing, and strategic industries,
while reducing import dependence.
Calling the National Geospatial Mission a foundational reform, the Minister said it will play a decisive
role in planned urbanisation, infrastructure design, and land management, especially as India witnesses
rapid rural-to-urban migration. Implemented through the PM Gati Shakti platform, the Mission will enable
evidence-based planning using satellites, drones, and advanced mapping tools.
Dr Jitendra Singh highlighted the ₹20,000 crore allocation for Carbon Capture, Utilisation and Storage
(CCUS) as a critical step towards industrial decarbonisation, circular economy, and environmental
sustainability. He also announced structured deployment of AI in agriculture, ensuring farmers benefit
from technology while being safeguarded from its unintended effects.
The Minister said, the Budget ensures inclusivity, with measures that directly benefit the poorest sections,
including improved healthcare access, affordable medicines, district-level cancer care facilities, women-
led entrepreneurship programmes, and livelihood generation through science-based interventions.
Secretary, Department of Science & Technology, Prof. Abhay Karandikar, said the Budget places strong
emphasis on science, technology, and innovation, with the term “technology” appearing repeatedly in the
Finance Minister’s speech. He announced the creation of two mega science R&D infrastructure facilities,
a 30-metre National Large Optical Telescope, and a National Large Solar Telescope near Pangong Lake,
which will complement India’s space and solar missions and significantly enhance global scientific
collaboration.Secretary, Department of Biotechnology, Dr Rajesh S. Gokhale, said the Biopharma Shakti programme
builds on the successful National Biopharma Mission and will accelerate translation of research into
manufacturing. He said the initiative strengthens industry-academia partnerships, shared infrastructure,
clinical trial networks, and vaccine development, while also integrating biotechnology-based carbon
utilisation technologies.
Secretary, Ministry of Earth Sciences, Dr M. Ravichandran, outlined key initiatives under the Blue
Economy, including expansion of national waterways, coastal tourism, offshore and deep-sea fisheries,
and sustainable shipping. He said new policies permitting fishing beyond territorial waters and in high
seas will open significant economic opportunities while ensuring environmental responsibility.
Director General, CSIR and Secretary, DSIR, Dr N. Kalaiselvi, said CSIR will play a central role across
multiple Budget initiatives, including CCUS, semiconductors, critical minerals, rare earth magnets, clean
energy, and advanced manufacturing. She said CSIR laboratories have been designated as centres of
excellence for critical metals and minerals, aligning national research capabilities with industrial and
strategic needs.
Concluding the interaction, Dr Jitendra Singh said the Budget reflects a mission-oriented approach, where
research, manufacturing and deployment move together. He said science-led reforms announced after the
Budget underline India’s readiness to compete in technology-intensive global sectors, while ensuring that
growth remains inclusive, sustainable, and citizen-centric.*****
NKR/AK/AV
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