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The Budget and the imperative of fiscal consolidation

Posted on February 5, 2026 By admin
The Budget and the imperative of fiscal consolidation

While presenting the Union Budget 2026-27, a considerable part of the Finance Minister’s Budget speech dealt with the expenditure programmes that will be launched to enable India to become developed by 2047. The emphasis on the advanced technology sectors such as Artificial Intelligence, biopharma, semiconductor and critical minerals among others, is well taken. The concern…

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Credible and creditable: On Union Budget 2026-27

Posted on February 2, 2026 By admin
Credible and creditable: On Union Budget 2026-27

Where Budget 2025 was largely dominated by the income-tax rate and slab relaxations, Budget 2026 has done away with Big Bang measures. Instead, its scattershot approach, through various sectoral and issue-based measures, when taken together, is aimed at propelling India’s growth over the medium term. Given the level of geoeconomic and geopolitical uncertainties that the…

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