Showing questions for February 01, 2026
- Total: 20 questions
Question 11 Feb 01, 2026
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What was the amount allocated for the new SME Growth Fund announced in Union Budget 2026-27 to support select MSME firms?
₹10,000 croreThe Union Budget 2026-27 introduced a dedicated ₹10,000 crore SME Growth Fund aimed at incentivizing select MSME firms to become future champions. This fund forms a crucial part of the three-pronged approach to strengthen MSMEs through equity support, improved liquidity, and professional assistance. The initiative recognizes MSMEs as a vital engine of growth for the Indian economy. Additionally, the budget provided a ₹2,000 crore top-up to the existing Self-Reliant India Fund to support micro enterprises. These measures are designed to strengthen MSME balance sheets, enabling them to access more credit and withstand economic disruptions better.
Question 12 Feb 01, 2026
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Which state's Chief Minister welcomed the announcement of a dedicated freight corridor from Dankuni to Surat in the Union Budget 2026-27?
GujaratGujarat Chief Minister Bhupendra Patel specifically welcomed the announcement of the dedicated freight corridor connecting Dankuni in eastern India to Surat in Gujarat. He highlighted that this infrastructure development would provide faster logistics services for trade, industry, and manufacturing activities linked to Gujarat. The corridor is expected to significantly boost the state's manufacturing sector by improving supply chain efficiency. Patel also appreciated the budget's focus on MSME incentives which would benefit small and micro industries across Gujarat. This announcement aligns with Gujarat's position as a major industrial and manufacturing hub in India.
Question 13 Feb 01, 2026
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What was the outlay announced for Carbon Capture Utilisation and Storage (CCUS) across five sectors in Budget 2026-27?
₹20,000 croreThe Finance Minister announced a substantial ₹20,000 crore outlay for implementing Carbon Capture Utilisation and Storage (CCUS) technology across five key sectors. This significant allocation signals the government's long-term commitment toward India's net-zero emissions targets and sustainable development goals. The CCUS initiative forms part of India's broader climate action strategy to reduce carbon emissions while maintaining economic growth. Experts note that capital allocation alone is insufficient and must be complemented by digital Measurement, Reporting, and Verification (MRV) systems for effective implementation. This move positions India as both a climate solutions market and a potential global provider of carbon infrastructure technologies.
Question 14 Feb 01, 2026
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Which customs duty exemption was announced to strengthen the domestic solar manufacturing ecosystem in Budget 2026-27?
Sodium antimonate used in solar glass manufactureThe Union Budget 2026-27 proposed exemption of Basic Customs Duty (BCD) on sodium antimonate imported for manufacturing solar glass, which currently attracts a 7.5% duty. This exemption is specifically designed to strengthen India's domestic solar manufacturing ecosystem by reducing input costs for solar panel producers. The budget also extended BCD exemption on capital goods used in manufacturing lithium-ion cells for batteries and Battery Energy Storage Systems (BESS). Union Minister Pralhad Joshi emphasized that these measures reflect a strong commitment to building a resilient, self-reliant, and sustainable energy future for India. These initiatives support India's renewable energy expansion and grid-scale energy storage capabilities essential for seamless integration of renewable sources.
Question 15 Feb 01, 2026
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Which political leader criticized Budget 2026-27 stating it 'offers no solutions' and that the Modi government has 'run out of ideas'?
Mallikarjun KhargeCongress president Mallikarjun Kharge strongly criticized the Union Budget 2026-27 in a post on X, stating that the Modi government has run out of ideas and the budget provides no solutions to India's economic, social, and political challenges. He criticized the absence of policy vision and political will in the budget proposals. Kharge sarcastically remarked that 'Mission Mode' has become 'Challenge Route' and the 'Reform Express rarely stops at any Reform Junction'. His critique stood in contrast to several BJP-ruled state chief ministers who welcomed the budget as growth-oriented and historic. This criticism reflects the opposition's perspective on the government's economic management approach.