The Union Budget 2026-27 outlines a fiscal plan to boost Odisha's eco-tourism and mining sectors and enhance sustainable cargo movement through infrastructure development. The finance minister tabled the budget in Parliament and announced that ecologically sustainable turtle trails will be developed along key nesting sites in coastal Odisha, Karnataka and Kerala. The measure aims to strengthen conservation-linked tourism and to create local livelihoods around protected shorelines.

The annual convergence of millions of Olive Ridley turtles for mass nesting is expected to significantly enhance the eco-tourism potential of their nesting sites. The Gahirmatha rookery in Kendrapara district is widely described as the world's largest nesting beach and the animals also nest at Rushikulya and the Devi river mouth. They arrive each year between February and March and typically lay 120 to 150 eggs from which hatchlings emerge after about 45 to 50 days.

The Centre proposed Rare Earths Corridors to support four mineral-rich states and to promote mining, processing, research and manufacturing. The finance minister noted that a scheme for rare earth permanent magnets was launched in November 2025 and that the corridors would build on that initiative. To enhance domestic chemical production and reduce import dependency, the government will support states in establishing three chemical parks through a challenge-route, cluster-based plug-and-play model. Training institutes will be upgraded into Regional Centres of Excellence to develop a skilled inland water transport workforce.

The plan envisages operationalising 20 new National Waterways (NW) over the next five years, beginning with NW-5 in Odisha to connect mineral-rich areas of Talcher, Angul and the industrial centre of Kalinga Nagar to the ports of Paradeep and Dhamra. Training institutes will be established as Regional Centres of Excellence to equip young people across waterways with necessary skills through targeted programmes. The measures are expected to generate employment and foster skill development for youth along the corridor, aligning with the goal of promoting sustainable cargo movement. Implementation will require coordination between central and state agencies.