1. Insurance Sector
While not explicitly broken out as "insurance," several allocations directly impact insurance through healthcare, social security, and risk mitigation:
Ayushman Bharat – PM Jan Arogya Yojana (PMJAY) – ₹9,500 crore (up from ₹7,179 crore in 2024–25).
PM Ayushman Bharat Health Infrastructure Mission (PMABHIM) – ₹4,200 crore.
Crop Insurance Scheme – ₹12,200 crore (consistent).
Pradhan Mantri Swasthya Suraksha Yojana – mentioned but exact allocation not separately listed in summary.
Infrastructure Risk Guarantee Fund – introduced to provide credit guarantees for infrastructure projects → boosts surety bonds & project insurance.
2. Retail Sector
Retail gets indirect boosts through MSME support, digital payments, and entrepreneurship:
MSME Growth Fund – ₹10,000 crore to create future champions.
PM Formalization of Micro Food Processing Enterprises (PM FME) – ₹1,700 crore.
Incentive scheme for RuPay Debit Cards & low-value BHIM-UPI transactions – mentioned to promote digital retail payments.
She Marts – community-owned retail outlets for women entrepreneurs (allocation under broader entrepreneurship schemes).
Startup India Fund of Funds 2.0 – ₹90 crore for startups.
Fund of Funds (MSME) – ₹1,900 crore.
"The Union Budget 2026 reflects the government's intent to monetise Central Public Sector Undertaking assets located in prime areas across India through REITs. These assets carry considerable real estate and commercial value and could unlock quality land parcels for developers to create commercial buildings, IT parks and allied infrastructure. However, implementation is likely to be complex due to existing lease arrangements and procedural requirements. While the focus on infrastructure development in Tier 2 and Tier 3 cities is evident, expectations around higher affordable housing limits and home loan relief remain unaddressed. In the near term, the direct impact on real estate appears limited, though the emphasis on data centres, AI and job creation could support commercial real estate growth over the longer term." said Umang Badjatya, CEO Kumar Corp Bangalore.
Mr. Ashwin Sheth
Chairman, Ashwin Sheth Group
"The Union Budget 2026–27 sets a strong tone for India's urban transformation. The government's continued emphasis on large public infrastructure, especially high-speed mobility networks and multimodal connectivity will reshape how cities expand and how people interact with them. These investments don't just improve ease of living; they open up new growth corridors and encourage more balanced, well-planned urban development.
What resonates strongly with us is the Budget's direction toward integrated and future-ready urban planning. It reinforces the need for developments that bring living, working and leisure spaces together in a meaningful way. At Ashwin Sheth Group, this aligns closely with our focus on building well-designed, holistic developments that create long-term value for residents and the wider community.
With the government laying clear groundwork for sustainable and connected cities, we see this Budget as an opportunity for developers to innovate, collaborate and contribute to a more modern urban India".
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Mr. Vikas Jain
CEO, Labdhi Lifestyle Limited
"The Union Budget reinforces the government's strong commitment to infrastructure-led growth, which is a critical enabler for the real estate sector. Increased capital expenditure on transport networks, urban infrastructure, metro connectivity, and large-scale urban development projects will significantly improve accessibility and unlock new growth corridors across major cities.
While the Budget does not offer direct tax sops for homebuyers, the continued focus on long-term infrastructure creation, fiscal stability, and ease of doing business will positively influence investor confidence and housing demand over time. Enhanced connectivity and urban transformation will play a vital role in driving demand for both residential and commercial real estate, particularly in emerging business districts and redevelopment-focused micro-markets.
Overall, the Budget lays a strong foundation for sustainable urban growth and positions real estate as a key contributor to economic expansion, employment generation, and India's evolving urban landscape".
- Anuj Khurana, Co-founder & CEO, Anaptyss
Budget 2026–27 positions India for AI-first, outcome-led enterprise growth
Union Budget 2026-27 sends a clear signal that India's digital competitiveness will be built on scalable AI adoption, stronger digital infrastructure, and enterprise-led innovation. Continued focus on compute, data, and talent will help technology and services organisations move from efficiency-driven models to outcome-led, AI-first operations that support global enterprises.
Equally important is the emphasis on predictability and long-term policy alignment, which enables enterprises to make sustained investments in global delivery, engineering capabilities, and advanced digital platforms. This will reinforce India's position not just as a technology services hub, but as a strategic innovation partner for global businesses.
Mr. Masaharu Morita, Founder and Program Director, NURA - Ai Health Screening Centre
“The Union Budget 2026 places longevity and chronic disease management at the centre of India's healthcare and life sciences agenda. The ₹10,000-crore Biopharma Shakti initiative recognises the growing burden of non-communicable diseases and the need to scale investments in biologics, diagnostics, early screening and clinical research. This marks a clear shift from episodic care to long-term health management, with prevention and quality of life as core priorities. Equally significant is the Budget's focus on accelerating AI adoption across healthcare, education and research. By integrating life sciences with AI-enabled screening, clinical decision-making and talent development, the government is laying the foundation for a future-ready healthcare ecosystem one that supports healthier, longer lives and strengthens India's position as a global hub for healthcare innovation”
Sameer Singh Jaini, Founder & CEO, The Digital Fifth
"This budget strengthens the financial system while putting usable support behind SMEs and MSMEs. The ₹10,000 crore SME Growth Fund and the strengthening of the Self-Reliant India Fund go straight at the capital and liquidity gap and that can materially accelerate digitisation, formalisation and competitiveness for small businesses.
In financial services, the banking and NBFC signals are equally important. The high-level banking review and the governance focus point to a stronger, more resilient architecture, while the NBFC vision explicitly links credit expansion with technology adoption—both are meaningful fintech cues. When institutions are pushed on scale, governance and tech adoption together, it accelerates API-led partnerships, stronger underwriting, better risk controls and scalable digital distribution. For enterprise fintechs, this opens up a large opportunity to power adoption across lenders and ecosystems.
The standout for me is the TReDS push and how clearly it can help suppliers access cheaper and faster credit. Mandating TReDS for CPSE purchases from MSMEs, adding CGTMSE-backed support for invoice discounting, linking GeM with TReDS, and enabling securitisation of TReDS receivables is a strong "rails" play. It reduces friction in the supply chain and creates a larger, cleaner opportunity for banks, NBFCs and fintechs to scale invoice-led lending at speed great for the supply chain finance ecosystem overall.
Separately, the Budget also signals a push to build globally competitive Indian accounting and advisory firms. If implemented well, this strengthens domestic advisory capabilities and helps Indian firms compete more effectively with global giants".
Mr. Aditya Kale, Founder & CEO (Airattix)
"With India's cities poised to become major economic powerhouses, Budget 2026–27 highlights opportunities for organized storage, car parking, and last-mile order fulfillment. Increased public capital expenditure, infrastructure development in Tier-2 and Tier-3 cities, and tech-driven initiatives like Semiconductor Mission 2.0 and Biopharma Shakti are creating a high-productivity ecosystem for businesses.
Support for MSMEs, AI-based solutions, and research-driven financing models further enables scalable growth, making this the ideal time for tech-savvy startups in movers & packers, luggage storage, and order fulfillment to expand across India. The budget sets the stage for organized, efficient, and digitally-enabled solutions to meet rising urban demand—signaling a pivotal moment for innovation and action in the sector."
