{
  "id": "budget-2026-27-promise-tracker",
  "title": "Budget 2026-27 promise tracker",
  "budget": "Union Budget 2026-27, presented 1 February 2026 by Finance Minister Nirmala Sitharaman",
  "as_of": "2026-10-11",
  "status_definitions": {
    "delivered": "The promised measure has been formally put in place: a law in force, or a scheme or fund approved by the Cabinet. It does not mean the intended outcome has been achieved.",
    "in progress": "Verified steps have been taken, or in-year data shows the target is being tracked, but the promise is not yet complete.",
    "no update found": "We could not find a reliable source on progress. It does not mean nothing has happened."
  },
  "promises": [
    {
      "id": "fiscal-deficit-4-3",
      "text": "Bring the fiscal deficit down to 4.3% of GDP (₹16,95,768 crore) in 2026-27, from 4.4% in 2025-26.",
      "ministry": "Finance",
      "budget_speech_reference": "Para 94",
      "category": "Fiscal",
      "status": "in progress",
      "progress_note": "By end-August 2026 the deficit was ₹7,10,249 crore, 41.9% of the Budget Estimate, against 38.1% a year earlier. ICRA expects an overshoot of ₹1.3 to 1.4 lakh crore because of a tax shortfall and extra fuel and fertiliser subsidies.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        },
        {
          "publisher": "Ministry of Finance (Budget at a Glance 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/Budget_at_Glance/budget_at_a_glance.pdf",
          "date": "2026-02-01"
        },
        {
          "publisher": "UNI",
          "url": "https://www.uniindia.com/business-economy/economy-govt-finances/198268",
          "date": "2026-09-30"
        },
        {
          "publisher": "Deccan Chronicle",
          "url": "https://www.deccanchronicle.com/business/fiscal-deficit-widens-to-rs-71-lakh-cr-till-august-to-overshoot-fy27-budget-estimate-1991935",
          "date": "2026-09-30"
        }
      ]
    },
    {
      "id": "debt-to-gdp-50",
      "text": "Reduce central government debt to 50±1% of GDP by 2030-31; debt estimated at 55.6% of GDP in BE 2026-27.",
      "ministry": "Finance",
      "budget_speech_reference": "Para 92",
      "category": "Fiscal",
      "status": "no update found",
      "progress_note": "No in-year figure for the debt ratio was found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        },
        {
          "publisher": "Press Information Bureau",
          "url": "https://www.pib.gov.in/PressReleasePage.aspx?PRID=2221389",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "capex-12-2",
      "text": "Raise capital expenditure to ₹12.2 lakh crore in 2026-27 (₹12,21,821 crore; effective capex ₹17,14,523 crore).",
      "ministry": "Finance (all ministries)",
      "budget_speech_reference": "Para 33",
      "category": "Infrastructure",
      "status": "in progress",
      "progress_note": "Capital spending was up 18% in April-August 2026 after a 60% rise in June-July, but fell 30% in August, according to ICRA's analysis of CGA data reported by Deccan Chronicle.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        },
        {
          "publisher": "Ministry of Finance (Budget at a Glance 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/Budget_at_Glance/budget_at_a_glance.pdf",
          "date": "2026-02-01"
        },
        {
          "publisher": "Deccan Chronicle",
          "url": "https://www.deccanchronicle.com/business/fiscal-deficit-widens-to-rs-71-lakh-cr-till-august-to-overshoot-fy27-budget-estimate-1991935",
          "date": "2026-09-30"
        }
      ]
    },
    {
      "id": "gross-tax-revenue",
      "text": "Gross tax revenue of ₹44.04 lakh crore, 8.0% above the 2025-26 Revised Estimate.",
      "ministry": "Finance (CBDT and CBIC)",
      "budget_speech_reference": "Not in speech; Budget documents (PIB summary)",
      "category": "Tax",
      "status": "in progress",
      "progress_note": "Gross tax revenue grew 6.5% in April-August 2026; excise collections fell 23% after the March cut in fuel duties (ICRA via Deccan Chronicle). ICRA expects income tax and excise to fall short of budgeted levels.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Press Information Bureau",
          "url": "https://www.pib.gov.in/PressReleasePage.aspx?PRID=2221389",
          "date": "2026-02-01"
        },
        {
          "publisher": "Deccan Chronicle",
          "url": "https://www.deccanchronicle.com/business/fiscal-deficit-widens-to-rs-71-lakh-cr-till-august-to-overshoot-fy27-budget-estimate-1991935",
          "date": "2026-09-30"
        }
      ]
    },
    {
      "id": "income-tax-act-2025",
      "text": "Bring the Income Tax Act, 2025 into effect from 1 April 2026, replacing the 1961 Act.",
      "ministry": "Finance (CBDT)",
      "budget_speech_reference": "Para 99",
      "category": "Tax",
      "status": "delivered",
      "progress_note": "CBDT said the Act came into force on 1 April 2026. The Income-tax Rules, 2026 were notified on 20 March 2026, with new forms.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        },
        {
          "publisher": "Central Board of Direct Taxes",
          "url": "https://www.incometaxindia.gov.in/documents/d/guest/press-release-income-tax-act-2025-comes-into-force-from-01-april-2026-pdf",
          "date": "2026-04-01"
        }
      ]
    },
    {
      "id": "revised-return-deadline",
      "text": "Extend the time to revise income tax returns from 31 December to 31 March.",
      "ministry": "Finance (CBDT)",
      "budget_speech_reference": "Para 108",
      "category": "Tax",
      "status": "no update found",
      "progress_note": "No source was found confirming how the change has been applied.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "ism-2-0",
      "text": "Launch India Semiconductor Mission (ISM) 2.0 to produce equipment and materials.",
      "ministry": "Electronics and IT",
      "budget_speech_reference": "Para 17",
      "category": "Industry",
      "status": "delivered",
      "progress_note": "The Union Cabinet approved ISM 2.0 with a total outlay of ₹1.27 lakh crore on 15 July 2026, IT Minister Ashwini Vaishnaw said (PTI). Projects under it were not tracked.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        },
        {
          "publisher": "PTI via ThePrint",
          "url": "https://theprint.in/economy/cabinet-approves-rs-1-27-lakh-crore-for-semicon-mission-2-0/2987130/",
          "date": "2026-07-15"
        }
      ]
    },
    {
      "id": "ecms-40000",
      "text": "Raise the outlay of the Electronics Components Manufacturing Scheme to ₹40,000 crore.",
      "ministry": "Electronics and IT",
      "budget_speech_reference": "Para 18",
      "category": "Industry",
      "status": "no update found",
      "progress_note": "No update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "biopharma-shakti",
      "text": "Biopharma SHAKTI, with an outlay of ₹10,000 crore over five years, to build capacity in biologics and biosimilars.",
      "ministry": "Not stated in sources",
      "budget_speech_reference": "Para 16",
      "category": "Health and industry",
      "status": "no update found",
      "progress_note": "News On AIR described the initiative as proposed on 21 March 2026. No approval or launch was found after that.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        },
        {
          "publisher": "News On AIR",
          "url": "https://www.newsonair.gov.in/government-proposes-biopharma-shakti-initiative-to-boost-indias-biopharmaceutical-sector",
          "date": "2026-03-21"
        }
      ]
    },
    {
      "id": "high-speed-rail-7",
      "text": "Develop seven high-speed rail corridors between cities (Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, Hyderabad-Chennai, Chennai-Bengaluru, Delhi-Varanasi, Varanasi-Siliguri).",
      "ministry": "Railways",
      "budget_speech_reference": "Para 40",
      "category": "Infrastructure",
      "status": "in progress",
      "progress_note": "On 9 February 2026 Business Standard reported that the Railway Board had directed NHSRCL to update detailed project reports with current costs so financial viability could be assessed. No later update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        },
        {
          "publisher": "Business Standard",
          "url": "https://www.business-standard.com/india-news/railways-begins-viability-assessment-for-7-new-bullet-train-corridors-126020901478_1.html",
          "date": "2026-02-09"
        }
      ]
    },
    {
      "id": "rare-earth-corridors",
      "text": "Set up dedicated Rare Earth Corridors in Odisha, Kerala, Andhra Pradesh and Tamil Nadu.",
      "ministry": "Not stated in sources",
      "budget_speech_reference": "Para 19",
      "category": "Industry",
      "status": "no update found",
      "progress_note": "No update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "ccus-20000",
      "text": "Carbon capture, utilisation and storage (CCUS): ₹20,000 crore over five years.",
      "ministry": "Not stated in sources",
      "budget_speech_reference": "Para 38",
      "category": "Environment and energy",
      "status": "no update found",
      "progress_note": "No update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "container-manufacturing",
      "text": "Container manufacturing scheme with ₹10,000 crore over five years.",
      "ministry": "Not stated in sources",
      "budget_speech_reference": "Para 21(c)",
      "category": "Industry",
      "status": "no update found",
      "progress_note": "No update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "sme-growth-fund",
      "text": "A dedicated ₹10,000 crore SME Growth Fund.",
      "ministry": "MSME and Finance",
      "budget_speech_reference": "Para 28",
      "category": "Industry",
      "status": "delivered",
      "progress_note": "The Union Cabinet approved a government commitment of ₹10,000 crore to an Alternative Investment Fund under the SME Growth Fund on 6 October 2026. It will make direct equity investments, mainly in manufacturing SMEs. The fund's first investments have not been reported.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        },
        {
          "publisher": "Press Information Bureau (Cabinet decisions)",
          "url": "https://www.pib.gov.in/PressReleseDetail.aspx?PRID=2319534",
          "date": "2026-10-06"
        },
        {
          "publisher": "The Hans India",
          "url": "https://www.thehansindia.com/business/centre-bets-rs-10k-cr-on-next-generation-of-sme-champions-1129719",
          "date": "2026-10-07"
        }
      ]
    },
    {
      "id": "chemical-parks",
      "text": "Support states in setting up three dedicated Chemical Parks.",
      "ministry": "Chemicals and Fertilisers",
      "budget_speech_reference": "Para 20",
      "category": "Industry",
      "status": "no update found",
      "progress_note": "No update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "vb-g-ram-g",
      "text": "Fund the VB-G RAM G rural employment scheme (₹95,691 crore), which raises guaranteed work from 100 to 125 days a year with states paying a larger share.",
      "ministry": "Rural Development",
      "budget_speech_reference": "Not located in speech text read; reported by Scroll",
      "category": "Rural",
      "status": "in progress",
      "progress_note": "Outlook Money reported on 11 May 2026 that the Act replacing MGNREGA would take effect on 1 July 2026, guaranteeing 125 days of work with a 60:40 Centre-state split for most states, and that rules were still being drafted. Spending against the allocation and work generated since July were not found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Scroll",
          "url": "https://scroll.in/latest/1090413/scroll_in",
          "date": "2026-02-01"
        },
        {
          "publisher": "Outlook Money",
          "url": "https://www.outlookmoney.com/news/vb-g-ram-g-act-replaces-mgnrega-implementation-to-take-effect-from-july-1",
          "date": "2026-05-11"
        }
      ]
    },
    {
      "id": "national-waterways",
      "text": "Operationalise 20 new National Waterways over five years, with a ship-repair ecosystem for inland waterways at Varanasi and Patna.",
      "ministry": "Ports, Shipping and Waterways",
      "budget_speech_reference": "Para 36(b)",
      "category": "Infrastructure",
      "status": "no update found",
      "progress_note": "No update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "dankuni-surat-dfc",
      "text": "New Dedicated Freight Corridor connecting Dankuni in the east to Surat in the west.",
      "ministry": "Railways",
      "budget_speech_reference": "Para 36(a)",
      "category": "Infrastructure",
      "status": "no update found",
      "progress_note": "No update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "cancer-drugs-customs",
      "text": "Exempt basic customs duty on 17 drugs or medicines.",
      "ministry": "Finance (CBIC)",
      "budget_speech_reference": "Para 160; Annex C.1",
      "category": "Health",
      "status": "no update found",
      "progress_note": "Customs changes are made through Budget notifications; implementation was not separately verified.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "personal-import-duty",
      "text": "Cut customs duty on goods imported for personal use from 20% to 10%, effective 1 April 2026.",
      "ministry": "Finance (CBIC)",
      "budget_speech_reference": "Para 159; Annex C.1",
      "category": "Tax",
      "status": "no update found",
      "progress_note": "Effective date set in the Budget; implementation was not separately verified.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "tcs-tour-packages",
      "text": "Cut tax collected at source on overseas tour packages from 5% and 20% to a uniform 2%.",
      "ministry": "Finance (CBDT)",
      "budget_speech_reference": "Para 103",
      "category": "Tax",
      "status": "no update found",
      "progress_note": "Implementation was not separately verified.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "girls-hostels",
      "text": "Establish one girls' hostel in every district.",
      "ministry": "Not stated in sources",
      "budget_speech_reference": "Para 63",
      "category": "Education",
      "status": "no update found",
      "progress_note": "No update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "khelo-india-mission",
      "text": "Launch a Khelo India Mission to transform the sports sector over the next decade.",
      "ministry": "Sports",
      "budget_speech_reference": "Para 72",
      "category": "Sports",
      "status": "no update found",
      "progress_note": "No update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "caregivers",
      "text": "Train 1.5 lakh caregivers in the coming year.",
      "ministry": "Not stated in sources",
      "budget_speech_reference": "Para 54",
      "category": "Health",
      "status": "no update found",
      "progress_note": "No update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    },
    {
      "id": "regional-medical-hubs",
      "text": "Establish five Regional Medical Hubs.",
      "ministry": "Not stated in sources",
      "budget_speech_reference": "Para 55",
      "category": "Health",
      "status": "no update found",
      "progress_note": "No update found.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Ministry of Finance (Budget Speech 2026-27)",
          "url": "https://www.indiabudget.gov.in/doc/budget_speech.pdf",
          "date": "2026-02-01"
        }
      ]
    }
  ],
  "previous_budget": [
    {
      "id": "fiscal-deficit-4-4-fy26",
      "text": "Budget 2025-26: fiscal deficit of 4.4% of GDP in 2025-26.",
      "ministry": "Finance",
      "budget_speech_reference": "Budget 2025-26",
      "category": "Fiscal",
      "status": "delivered",
      "progress_note": "Met. Provisional accounts put the 2025-26 deficit at ₹15,19,169 crore, 4.4% of GDP and 97.5% of the Revised Estimate.",
      "last_checked": "2026-10-11",
      "sources": [
        {
          "publisher": "Deccan Herald",
          "url": "https://www.deccanherald.com/business/economy/government-achieves-fiscal-deficit-target-of-44-for-fy26-4023562",
          "date": "2026-06-01"
        }
      ]
    }
  ]
}