From customs duty rationalisation to MSME and export support, here’s how Union Budget 2026 by Nirmala Sitharaman seeks to blunt the impact of US tariffs on India. What steps has Finance Minister Nirmala Sitharaman taken to counter the US tariffs of 50% on Indian products? After the exports plummeted drastically and thousands of workers were thrown out of job last year, much hope was pinned on the Union Budget 2026. The Union Budget 2026 has also put special emphasis on domestic manufacturing. The Union Budget 2026 also has provisions for the electronics component sector of Rs 400 billion.

Source: dna February 01, 2026 13:00 UTC