This edition of Policy Watch outlines CII’s key priorities and recommendations for the Union Budget 2026–27. The forthcoming Budget presents a critical opportunity to consolidate economic growth while accelerating India’s long-term transformation towards a Viksit Bharat by 2047. The recommendations span fiscal sustainability and governance reforms, strengthening the tax system, boosting public and private investment, advancing infrastructure and strategic reforms, and building a future-ready, innovation-led economy.