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Which one among the following is not identified as one of the 'Engines of Development' in the Union Budget, 2025-26?
Explanation
In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman identified four specific 'Engines of Development' to drive the journey toward 'Viksit Bharat' [4]. These four engines are Agriculture, MSME (Micro, Small and Medium Enterprises), Investment, and Exports [5]. Agriculture is designated as the first engine, focusing on rural prosperity and productivity [4]. MSMEs are the second engine, Investment is the third engine (prioritizing people, economy, and innovation), and Exports serve as the fourth engine [4]. While the textile sector received a significant budgetary outlay of ₹5,272 crore and is recognized as a vital contributor to the economy, it is not formally classified as one of the four primary 'Engines of Development' in the budget speech [7]. Therefore, Textiles is the correct answer as it is not part of the specific four-engine framework.
Sources
- [2] https://www.pib.gov.in/PressReleaseIframePage.aspx?PRID=2098352
- [4] https://www.indiabudget.gov.in/doc/budget_speech.pdf
- [3] https://www.indiabudget.gov.in/doc/bh1.pdf
- [5] https://www.investindia.gov.in/team-india-blogs/indias-union-budget-fy-2025-26-key-takeaways
- [1] https://vamnicom.gov.in/uploads/Key_Highlights_Union_Budget2025-26.pdf
- [7] https://www.pib.gov.in/PressReleasePage.aspx?PRID=2117470