Union Minister Shivraj Singh Chouhan describes union budget 2026-27 as historic & futuristic

New Delhi, Feb 11, 2026 : Union Minister for Rural Development, and Agriculture & Farmers’ Welfare, Shivraj Singh Chouhan, today described the Union Budget 2026-27 as historic and futuristic and will bring significant change to the nation as well as to the Northeastern region.

Speaking to the media in Guwahati today, the Union Minister said the Union Budget has made a record financial allocation aimed at transforming Assam and the entire Northeast into a major growth engine. The Union Minister further informed that the Union Government will develop a corridor in Assam for critical and rare earth minerals as the Prime Minister Shri Narendra Modi prioritise for the development of Assam and other northeastern states. He said that the PM considers the North East as the centre and engine of India’s development and growth.

The Union Minister also said the Budget has been framed keeping in mind villages, the poor, farmers, youth and women. He said poverty has been steadily declining due to schemes being implemented under Prime Minister Modi’s leadership and that this Union Budget is extremely important from the perspective of making the poor self-reliant. The Union Minister said the budget of the Rural Development Ministry has been increased by 21 per cent this year.