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Home » Budget 2026: Nirmala Sitharaman announces 5 university townships near major industrial logistic hubs

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Budget 2026: Nirmala Sitharaman announces 5 university townships near major industrial logistic hubs

India Times Now Desk
Last updated: February 1, 2026 8:54 am
India Times Now Desk
Published: February 1, 2026
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Union Finance Minister Nirmala Sitharaman presents the Union Budget 2026 in Lok Sabha during the Budget Session, in New Delhi on Sunday. Photo: Sansad TV via ANI.

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2026 in Lok Sabha during the Budget Session, in New Delhi on Sunday. Photo: Sansad TV via ANI.

Union Budget 2026-27

The Government will set up five university townships in the vicinity of major industrial logistics centres, Union Finance Minister Nirmala Sitharaman announced on Sunday (February 1, 2026).

Presenting the Union Budget for 2026-27 in the Lok Sabha, Ms. Sitharaman also announced the setting up of one girls’ hostel in every district of the country.

Read: Union Budget 2026 LIVE updates

Ms. Sitharaman was presenting her ninth Budget in the Parliament on Sunday (February 1, 2026). This is the first time in the history of India that the Union Budget is being presented on a Sunday.

In efforts to help the MSMEs, the government will develop a cadre of “corporate mitras” in Tier-II and Tier-III cities.#BudgetWithTheHinduhttps://t.co/gpvHUTwt1c

— The Hindu (@the_hindu) February 1, 2026

There are over 700 districts in the country.

The Finance Minister said the budget proposes to support the Indian Institute of Creative Technologies, Mumbai, for setting up content labs in 15,000 secondary schools.

Published – February 01, 2026 01:39 pm IST





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