Budget 2026: Huge nuclear, defence aircraft announcement by FM Nirmala amid global tensions| PM Modi

Finance Minister Nirmala Sitharaman announced a package of customs and procedural changes aimed at boosting exports, easing costs for key sectors, and simplifying trade and travel for ordinary people. She proposes higher duty‑free input limits for seafood exporters, new duty‑free inputs and longer export timelines for leather, footwear, and textile exporters, and targeted customs exemptions to support energy transition, nuclear power, critical minerals, aviation, and electronics manufacturing.