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Tag: restructuring of revenue expenditures

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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