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Namaste Aspirants! In this comprehensive analysis of the Union Budget 2026-27, we break down the most exam-relevant points for UPSC Prelims and Mains (GS Paper 3). As a working professional, I know your time is limited, so we skip the fluff and focus on the "Core Arithmetic" and "New Schemes" you need for your notes. [Key Highlights Covered] Fiscal Arithmetic: Why the 4.3% Fiscal Deficit target and 10% Nominal GDP growth matter for debt sustainability. New Tax Regime: Understanding the ₹12.75 Lakh effective tax-free limit for salaried individuals (including the ₹75,000 standard deduction). New Schemes & Initiatives: Biopharma SHAKTI: ₹10,000 Crore boost for health and pharma manufacturing. Mahatma Gandhi Gram Swaraj: Strengthening Khadi and Handloom sectors. SME Growth Fund: ₹10,000 Crore to create "Champion MSMEs". Strategic Corridors: 5 new University Townships and the East Coast Industrial Corridor focus. Environmental Focus: Introduction of Carbon Capture Utilisation and Storage (CCUS) with a ₹20,000 Crore outlay. [Connect with Me] Join our community of working aspirants: 📍 Channel: The 5 PM Officer - Siddhant Saurabh Classes Telegram https://t.me/upscIASandCAPFplusBPSC 🔔 Subscribe for daily UPSC value-addition after 5 PM! #UPSC2026 #UnionBudget2026 #IASExam #EconomyGS3 #The5PMOfficer #SiddhantSaurabhClasses #budgetanalysis