Cheaper EV Batteries: In the Union Budget 2026, the government has shown direct focus on the common people and the green technology of the future. In this budget, electric vehicle (EV) batteries, aviation fuel (ATF), CNG and bio gas-blended CNG Announcements have been made to make it cheaper. Its direct benefit will be to those people who are looking for a cheap and sustainable option amid inflation. This budget has brought relief news especially for the lower middle class.
EV batteries will be cheap, electric vehicles will be affordable
In Budget 2026, the government has taken a big step to strengthen the EV ecosystem. Customs duty exemption on capital goods used in the manufacturing of lithium-ion cells has been continued. Its direct effect will be that manufacturing of EV batteries will be cheaper in the country and in future we may see a reduction in the prices of electric cars, scooters and bikes. The government believes that this will promote domestic manufacturing and India will become self-reliant in the field of EV.
ATF is cheap, air travel can be easy
Relief has also been given in Budget 2026 regarding aviation fuel (ATF). According to reports, ATF has become cheaper, which will reduce the cost of airlines. It is expected that the prices of air tickets may remain stable or decrease in the coming times. This is a news of relief for those middle class families, who till now used to shy away from traveling due to expensive air fares.
CNG and bio gas CNG is also cheaper
The government has also decided to make CNG and bio gas-mixed CNG cheaper. This will reduce the fuel cost of those driving CNG cars, autos and commercial vehicles. This opens up direct savings for everyday commuters and small traders.
Where else did the common man get relief?
In Budget 2026, not only fuel but also cancer medicines, shoes and clothes have been made cheaper. This means that expenses on treatment, clothing and daily needs will be slightly less.
On which things did inflation increase?
However, along with the relief, some things have also become expensive. Taxes on liquor, cigarettes, tobacco, foreign perfumes, luxury watches and imported goods have been increased. The aim of the government is clear to make luxury and harmful things expensive and to promote essential and environment friendly products.
Overall, what does Budget 2026 say?
Budget 2026 clearly indicates that the government is giving priority to green energy, electric vehicles and the needs of the common man. Lower duties on EV batteries and cheaper fuel may reduce inflationary pressure to some extent in the coming years.
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