4 months ago
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Leader of Opposition successful Tamil Nadu and AIADMK wide caput Edappadi K. Palaniswami connected Sunday (February 1, 2026) said the Union Budget 2026-27 had been framed with a wide absorption connected strengthening fiscal management, reducing the fiscal deficit, and ensuring sustained economical growth.
“These measures volition further reenforce India’s semipermanent economical stableness and maturation trajectory. The accent placed successful the Budget connected reducing imports, enhancing home production, promoting probe and manufacturing, and encouraging high-technology sectors, including artificial intelligence, integer manufacturing, pharmaceuticals, textiles, instrumentality manufacturing, and greenish energy, is commendable,” helium said successful a statement.
Mr. Palaniswami noted that contempt prevailing planetary uncertainties, India’s system continued to show resilience and strength, with maturation projected astatine 6.5% to 7% successful 2025-26 and expected to emergence further to 6.8% to 7.2% successful 2026-27.
Highlighting the measures announced for Micro, Small and Medium Enterprises (MSMEs), Mr. Palaniswami said the allocation of ₹2,000 crore to guarantee recognition entree and ₹10,000 crore for MSME maturation financing would greatly payment entrepreneurs and tiny industries.
“Tamil Nadu, which has a beardown MSME base, volition peculiarly summation from these initiatives. The allocation of funds for the improvement of the textile sector, peculiarly successful regions specified arsenic Tiruppur and Karur, would supply important impetus to employment procreation and export growth,” helium added.
