Amaravati, Feb 1 (PTI) Andhra Pradesh IT Minister Nara Lokesh on Sunday welcomed the Union Budget 2026, describing it as a well-balanced roadmap aligned with India's rapid growth and long-term aspirations.

He thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for presenting a budget that supports sustained economic momentum and future-ready development.

"The Union Budget 2026 presents a well-balanced roadmap that aligns with India's rapid growth trajectory and long-term aspirations," said Lokesh in a post on X.

The Minister said that the budget offers significant opportunities for Andhra Pradesh through initiatives such as the critical minerals corridor, high-speed rail connectivity, tax incentives for data centres, a stronger push for electronics manufacturing, and renewed focus on tourism.

He noted that the proposed measures would help accelerate investments, boost employment generation, and strengthen the state's position in emerging sectors.

Lokesh said the state government is keen to leverage the budgetary provisions to power Andhra Pradesh's next phase of growth and contribute meaningfully to India's development goals.

Similarly, Health Minister Satya Kumar Yadav lauded the Union Budget 2026-27, describing it as one marked by clarity, conviction and commitment to making India Atma Nirbhar (self reliant).

The minister said the budget reflects compassion and courage in addressing global political turbulence and economic challenges while laying a strong foundation for achieving the goal of Viksit Bharat (developed nation) by 2047.

He said that the budget seeks to deliver three key Kartavyas (duties)--accelerating economic growth, fulfilling people's aspirations, and advancing the inclusive vision of Sabka Saath Sabka Vikas (Everyone's support, everyone's development).

Yadav welcomed measures aimed at supporting Micro, Small and Medium Enterprises (MSMEs), handlooms and textiles, biopharma, rare earth minerals, infrastructure, manufacturing and special economic zones, noting that these initiatives would generate employment opportunities. PTI MS ADB

Union Budget 2026 boosts infrastructure, tax incentives and sectoral supports for data centres, manufacturing and MSMEs. Union Budget 2026 introduces targeted fiscal and regulatory measures to spur investment and jobs by providing tax incentives for data centres, promoting electronics manufacturing and biopharma, and advancing strategic infrastructure such as a critical minerals corridor and high-speed rail connectivity. The Budget pairs these sectoral inducements with supports for tourism, handlooms, textiles, MSMEs, rare earth minerals and special economic zones to facilitate regional development and private-sector-led capacity expansion.