Many Budget Announcements From Last Year Remain Unimplemented or Partially Operationalised: Report

New Delhi: Even as the Union government is set to present the Budget for FY27 on February 1, several announcements from the previous year’s budget remain unimplemented or partially operationalised. These announcements which are lagging behind when it comes to implementation include those related to sectors such as industries, agriculture and also those related to employment, reported Financial Express.

According to an analysis by Financial Express, finance minister Nirmala Sitharaman had announced a new “Fund of Funds” for startups in the 2025-26 Budget. It had an expanded scope and a fresh government contribution of Rs 10,000 crore. However, the new tranche of Rs 10,000 crore Fund of Funds has not yet been operationalised owing to the fact that final guidelines and Cabinet clearance on some aspects are pending.

Similarly, in the agriculture sector, initiatives such as cotton productivity mission, enhanced credit through KCC and mission on high yielding seeds are yet to be implemented, said the Financial Express report. The National Mission on High Yielding Seeds is also yet to be implemented.

In the job sector, while the employment-linked incentive (ELI) scheme was launched in July 2025, it has not taken off due to the lacklustre participation from medium, small and micro enterprises (MSMEs) who are expected to be the main employment creators in the scheme.

The PM Internship Scheme (PMIS), which is similar to the ELI scheme has also seen only 20% candidates accepting the offers in the pilot phase that started in October 2024. The scheme has also witnessed dropouts of nearly 20% owing to domicile issues and longer duration of the training (12 months), reported Financial Express.

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