Description
The Union Budget is not merely an annual financial statement; it is the government’s most comprehensive policy document, reflecting priorities in governance, economic management, social welfare, infrastructure, taxation, and fiscal consolidation. For UPSC Prelims, the Budget assumes particular importance because questions are frequently framed around allocations, new schemes, taxation changes, sectoral focus, fiscal indicators, and broader economic strategy. Over the years, UPSC has consistently tested aspirants on recurring budgetary themes such as fiscal deficit trends, capital expenditure push, subsidy rationalization, taxation reforms, and sector-specific initiatives.
This Summary and Synopsis of Union Budget 2026 (PDF) has been prepared specifically for UPSC Prelims 2026 aspirants with an exam-oriented approach. Instead of reproducing the entire Budget speech, it systematically extracts and organizes the most relevant provisions, announcements, and economic indicators that are likely to be tested in objective format. Key highlights, flagship schemes, institutional reforms, changes in duties and taxes, and important economic data points have been consolidated for quick revision and conceptual clarity.
The objective of this synopsis is to help aspirants understand the structure, intent, and implications of Budget 2026 while enabling efficient last-mile revision before the examination.
