Budget 2026

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India's Union Budget 2026 includes a ₹20,000 crore outlay for a carbon credit programme, leading to debate over its focus on heavy industries or farmers. Official documents link it to Carbon Capture, Utilisation, and Storage (CCUS) for hard-to-abate sectors, while some narratives highlight potential income for farmers through sustainable practices.

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Union Finance Minister Nirmala Sitharaman has announced the operationalisation of 20 new National Waterways over the next five years, starting with the Rs 12,204-crore National Waterway 5 in Odisha. This project aims to connect mineral-rich areas to major ports, easing logistics and boosting the state's maritime potential. Officials highlight its role in reducing transport costs and emissions.

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