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Union Budget 2026–27 Explained in the Simplest Way for CLAT, Law & Competitive Exam Students In this lecture, we break down the vision, policy direction, and major structural reforms introduced in the Union Budget 2026 by the Government of India. This Budget focuses on long-term growth, infrastructure, employment generation, fiscal federalism, MSME revival, healthcare reforms, biotechnology, mental health, customs duty changes, data centres, and Finance Commission issues. This video is specially designed for: CLAT 2027 & CLAT 2028 aspirants Law students Judiciary & UPSC aspirants Students preparing for Current Affairs and Legal Awareness You will clearly understand: The Three Kartavyas of the Budget Why Capital Expenditure (₹12.2 lakh crore) is important Finance Commission & Centre–State relations explained simply How cess and surcharge reduce States’ share Customs duty changes and how they affect exports & energy transition STT increase on derivatives and its impact on traders Major support for MSMEs, Textiles, and old industrial clusters India becoming a Global Data & IT Hub (tax holiday till 2047) Biopharma SHAKTI, clinical trials, and cancer medicine relief Focus on mental health institutes and AYUSH expansion Kerala’s model of Accessible Tourism This is Part 1 of the Union Budget 2026 lecture series. This analysis will help you in Current Affairs, Legal Reasoning passages, GK sections, and interviews. #UnionBudget2026 #Budget2026 #UnionBudgetExplained #CLAT2027 #CLAT2028 #LawStudents #CurrentAffairsForCLAT #FinanceCommission #MSMEIndia #IndianEconomy #BudgetAnalysis #RajinderaLawAcademy #LegalAwareness #JudiciaryPrep #UPSCPreparation #EconomicNews #BudgetLecture #CLATPreparation