The Union Budget 2026-27 is about how the government should work. It is based on the idea of Kartavya, which means doing your duty. The Budget does not just talk about money it talks about what the government should do. The government has three jobs. It should be responsible with money, make sure everyone is treated fairly and be answerable to the people. These three jobs, which are also called Kartavya will help India make progress when the world is going through tough times. The Union Budget 2026-27 and the idea of Kartavya are very important for India’s development.
Economic Growth through Investment
The Budget is really focused on helping the country grow in the run by keeping a lot of money for big projects. The Budget wants to make sure that the country keeps growing and getting better over time. It is spending a lot of money on important things, like roads and buildings which is what we mean by capital expenditure. This is a part of what The Budget is doing.
- Continued investment in infrastructure such as roads, railways, logistics, defence, and digital assets
- Focus on asset creation rather than short-term consumption
- Aim to crowd in private investment and generate employment
This way of doing things helps people get work done and it also helps keep the overall economy stable. The approach is good for productivity. It supports the stability of the economy.
Inclusive and Socially Just Development
The Budget is a plan that reminds the government that it has a responsibility to take care of the people who’re vulnerable. The Budget makes sure that the state does its job to protect these sections. The Budget is like a reminder, to the state to do what it is supposed to do for sections.
- Support for rural employment, healthcare, education, and nutrition
- Targeted assistance for farmers, women, youth, MSMEs
- Emphasis on last-mile delivery of welfare schemes
Growth that includes everyone is really important for the economy to stay strong. Inclusive growth is the key to making sure the economy can handle times.
Governance Reforms and Accountability
The third Kartavya is made up of two things: how well institutions work and how much people trust them. Institutional efficiency and trust are really important for the Kartavya. When institutions are efficient and people trust them that is what the third Kartavya is about. Institutional efficiency and trust are the foundation of the Kartavya.
- Tax simplification and regulatory rationalisation
- Expansion of digital governance for ease of living
- Stress on transparency and fiscal discipline
The three Kartavyas together reflect a responsible, future-oriented Budget that balances growth, equity, and governance reform.
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About the Author: Jyoti Verma
