Union Budget Proposals to Boost Coastal Economy, MSMEs in DK: MP Brijesh Chowta

Mangalore Today News Network

Mangaluru, Feb. 1, 2026: Dakshina Kannada Member of Parliament Captain Brijesh Chowta has said that the Union Budget 2026–27 marks a decisive phase in India’s development journey, with several proposals set to directly benefit the coastal region, including Dakshina Kannada.

In a statement issued here on Sunday, Capt. Chowta said the Budget reiterates the Narendra Modi-led NDA government’s commitment to supporting the poor, underprivileged and disadvantaged, translating this resolve into action through a structured framework anchored in three Kartavyas.

“The Prime Minister has consistently emphasised that India’s next leap will be led by its youth. This Budget reflects that belief in both spirit and substance. While the foundation has been laid over the last 11 years, the focus is now on strengthening the pillars — Yuva Shakti, Nari Shakti, the Orange Economy, MSMEs and next-generation entrepreneurs,” he said.

Capt. Chowta noted that the Budget opens multiple growth opportunities for Dakshina Kannada, provided the region proactively aligns itself with the proposed initiatives. He said the focus on Tier-2 and Tier-3 cities, along with professional skilling and financial capability-building, would directly benefit MSMEs, startups and traditional businesses in Mangaluru.

He added that the Coastal Cargo Promotion Scheme and port-led development initiatives would further strengthen Mangaluru’s position as a maritime and logistics hub. MSME-centric measures such as improved access to credit, faster payments and enhanced financing options would provide significant support to local enterprises.

The MP said the proposal to develop City Economic Regions presents a major opportunity to position the Mangaluru–Udupi corridor as a growth centre anchored in ports, education, healthcare, tourism and MSMEs. He also highlighted the proposal to support indigenised seaplane manufacturing and operations, which could improve coastal connectivity and boost tourism.

Proposals for regional medical hubs, including integrated healthcare complexes and AYUSH centres, are particularly relevant for Dakshina Kannada, he said, noting that the district already has a strong healthcare ecosystem and skilled manpower. “This Budget provides the framework to build medical value tourism, integrated care services and a robust care economy,” he added.

Capt. Chowta said the emphasis on the Orange Economy — covering animation, visual effects, gaming and design — aligns well with the district’s emerging creative and STEM talent base. He also said Mangaluru, with its established hospitality and tourism ecosystem, is well-positioned to host a National Institute of Hospitality. Welcoming the announcement of Turtle Trails along the Karnataka coast, he described it as a balanced initiative combining conservation, livelihood creation and sustainable tourism.

The MP further said the Budget’s thrust on fisheries, marine value chains and coastal livelihoods would benefit fishermen, exporters and women-led enterprises. Proposals to support coconut, cocoa and cashew cultivation and processing in coastal areas, he added, are crucial for enhancing farmer incomes and generating rural employment.