Union Budget 2025- 26 India highlights Impact on Sector

Announcement	Impact	Companies
Enhancing the credit guarantee cover for micro enterprises from Rs. 5 crores to Rs. 10 crores and the introduction of personalized credit cards for micro enterprises.	Positive for Banking sector	State Bank of India, ICICI Bank and HDFC Bank
Outlay of Rs. 1.5 lakh crores for the 50-year interest free loans to states for capital expenditure and incentives for reforms in order to strengthen core infrastructure. 3-year plan to be implemented in PPP mode, fostering a more structured approach to development.	Positive for Cement sector	Ambuja, Ultratech and ACC
FDI limit for insurance sector to be raised from 74% to 100%. It will bring in much-needed capital, enhance competition, and improve insurance penetration.	Positive for Insurance sector	HDFC Life, SBI Life and ICICI Prudential
Relief on drug imports by fully exempting 36 life-saving drugs and their bulk components from Basic Customs Duty and adding 6 more medicines to the concessional duty list at 5%.	Positive for Pharma sector	Sun Pharma, Divi’s, Natco Pharma, Cipla, Dr. Reddy’s and Biocon
The Prime Minister Dhan-Dhaanya Krishi Yojana's Agri Districts Programme is a significant initiative aimed at boosting agricultural productivity and rural prosperity.	Positive for Agrochemical sector	RCF, Chambal Fertilizers and Paradeep Phosphates
Reduction in BCD from 30% to 5% on Frozen Fish Paste (Surimi) for manufacturing and export of its analogue products.	Positive for Aquaculture sector	Apex Frozen Foods and Avanti Feeds
Proposal to add 35 additional capital goods for EV battery manufacturing and 28 additional capital goods for mobile phone battery manufacturing to the list of exempted goods.	Positive for Auto and EMS sector	Exide Industries, Amara Raja and Dixon
Under PM Gati Shakti, data will be made accessible to the private sector, and the development of the top 50 tourist destinations will be carried out in partnership with state governments.	Positive for Tourism sector	EaseMyTrip, Lemon Tree and Indian Hotels
Under Aatmanirbharta in pulses, the government is focusing on achieving Aatmanirbharta in edible oils and has launched a six-year mission with a special focus on Tur, Urad and Masoor. No income tax up till Rs. 12 lakhs are anticipated to boost the housing consumption.	Positive for FMCG sector	HUL, ITC, Marico, Zomato and Dabur