Assoc Prof Iqbal Sevea, Mr Vinod Rai and
Dr Amitendu Palit

In this episode of South Asia Chat, Iqbal Sevea discusses India’s 2026 Union Budget with Vinod Rai and Amitendu Palit. The discussion focuses on the budget’s approach to macroeconomic stability, including managing inflation, fiscal deficit and growth amid global uncertainty. Key themes include manufacturing and investment policies, incentives for cloud computing and data centres, the India Semiconductor Mission, and measures supporting MSMEs. The conversation also covers India’s evolving semiconductor strategy, challenges in attracting private and foreign investment, and budget priorities related to energy security, critical minerals and carbon capture.