Union Budget FY 2026-27: Strengthening Capital Goods Sector

• Capital goods sector = industries producing machinery/equipment used to produce other goods (machine tools, boilers, earth-movers, electrical equipment, containers); a backbone of manufacturing-led growth and Atmanirbhar Bharat.
• Budget FY 2026-27 raises public capital expenditure to ₹12.2 lakh crore (~9% over FY26 BE), launches the Container Manufacturing Scheme (₹10,000 cr), expands the Electronics Components Manufacturing Scheme to ₹40,000 cr, and introduces a CIE (Construction & Infrastructure Equipment) Scheme plus Hi-Tech Tool Rooms.
• UPSC relevance: GS-III (economy, infrastructure, industrial policy, employment, manufacturing share in GDP).