'Nothing For Bengal': Mamata Banerjee Attacks 'Humpty Dumpty' Union Budget 2026 As Markets Tumble

Union Budget 2026 has sparked a fierce political face-off, with Mamata Banerjee using a nursery rhyme to label it a “Humpty Dumpty Budget” after markets reacted sharply during the speech. While benchmark indices later recovered half their losses, the opposition seized on early volatility to question the Budget’s direction and social impact. In contrast, Prime Minister Narendra Modi termed the Budget historic, saying it reflects the aspirations of 140 crore Indians and accelerates India’s reform journey towards Viksit Bharat by 2047. The Budget also proposed a high-level banking committee and tariff reforms to boost domestic manufacturing and exports amid global uncertainty. Ratings agency Moody’s called the roadmap tactical but stopped short of calling it transformational.