Mining and investment will get a boost in Sonbhadra from the Union Budget 2026-27.
Jagran correspondent, Sonbhadra. According to Dr. Amulya Kumar Singh, Head of the Department of Economics, Government College Pokhara Babhni, the Finance Minister in the Union Budget 2026-27 has paved the way for 'increased capital investment' for resource-rich areas like Sonbhadra.
On the infrastructure front, the record capital expenditure of Rs 12.2 lakh crore will strengthen the road and railway connectivity of Sonbhadra, which will reduce the 'logistics cost'. The ‘Critical Mineral Mission’ and reduction in import duty on mining equipment will prove to be a game-changer for the mining business, thereby reducing local production costs.
The new credit guarantee scheme and a special fund of Rs 10,000 crore for small entrepreneurs (MSMEs) will be helpful in business expansion. For employment, the government has introduced 'Employment Linked Incentive Scheme' (ESI) in the manufacturing sector, which will provide huge opportunities to the technical youth of Sonbhadra.
Dr. Amulya explains that promoting digital public infrastructure and natural farming for farmers will improve rural income. In the health sector, reducing customs duties on cancer drugs and medical devices will provide relief to poor labourers, while expansion of Ayushman Bharat will enhance social security.
The increase in standard deduction and revised tax slabs for the working class will increase savings, which will stimulate demand in the local market. In short, this budget is Sonbhadra's long-term strategy to transform its 'extraction economy' into a 'value-driven industrial hub'. There is a very beautiful budget for the development of Sonbhadra. Also, the reduction in import duty on Critical Mineral Mission and mining equipment will prove to be a game-changer for mining, Sonanchal's most prominent business. This will reduce local production costs.
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