Economic Survey and Budget 2026 chart a fiscally prudent, future-ready roadmap, betting on infrastructure, manufacturing and resilience amid global uncertainty
The Budget has indeed woken up the sleeping markets, just not the way the government's fans would have expected
The Budget recognises that innovation must translate into tangible benefits for patients
FM goes for modest fiscal consolidation, while focusing on services and state capex for growth
Budget 2026 prioritises fiscal prudence and structural reforms, betting on manufacturing, technology and exports to build a Viksit Bharat by 2047
The Budget has largely eschewed political populism, even as several states are to go for Assembly elections in the coming months
From medical hubs to incentives for seaplane manufacturing, the Budget broadens demand creation beyond brick-and-mortar
And bigger problems await from policy bottlenecks that the Budget has left untouched
Budget FY27 signals deeper banking reforms, possible PSB consolidation and higher borrowing, shifting the onus to RBI to manage yields and liquidity
Budget 2026 advances trust-based Customs reforms and sector-specific relief, but stops short of a clear tariff-cut roadmap needed to boost MSME-led manufacturing growth
In choosing prudence over populism and strategic self-reliance over protectionism, the FM has presented a Budget worthy of India's aspirations
Budget 2026 signals a decisive push to cut tax litigation, decriminalise defaults and offer long-term certainty as India prepares to roll out the new income-tax law
Budget FY27 bets on fiscal discipline, public investment and technology-led reforms to sustain growth and build long-term economic resilience
Markets disappointed as Budget 2026 sticks to fiscal discipline but offers no big ideas to revive investor confidence or attract fresh foreign capital
Budget 2026 seeks to attract investment through tax nudges and selective incentives, while maintaining fiscal discipline amid global uncertainty and uneven revenue growth
Budget 2026-27 strengthens agriculture, MSMEs and rural infrastructure, positioning villages, Tier-II and Tier-III towns at the heart of India's Viksit Bharat vision
The measures to promote and further the Make in India policy have to be seen in this context, such as the SME Growth Fund announced in the Budget
On the taxation front, while details are awaited, one proposal stands out: Exempting global (non-India-sourced) income of a non-resident expert for five years in India
Fiscal deficit targets stay on track and projections look realistic, but the Budget avoids big reforms on Customs tariffs and tax structure, offering mainly incremental changes
Budget 2026 sketches an ambitious AI- and cloud-led growth model, but sustained R&D investment will be crucial if India is to become a creator, not just a consumer, of technology