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Semiconductor push dominates MeitY budget as PLI spending sharply tapers
The Daily Guardian
|February 02, 2026
The Ministry of Electronics and Information Technology (MeitY) has been allocated Rs 21,632.96 crore in the Union Budget for 2026-27, with semiconductor manufacturing, components, and fabrication infrastructure emerging as the clear fiscal priority, according to budget documents tabled in Parliament.
The allocation represents an increase of about Rs 1,400 crore over the revised estimates for 2025-26. However, the ministry’s expenditure profile remains overwhelmingly revenue-driven, with capital outlay limited to Rs 398.81 crore, underscoring the government's continued reliance on incentive-led programmes rather than direct public asset creation.
Cette histoire est tirée de l'édition February 02, 2026 de The Daily Guardian.
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