Even for 2025-26, miscellaneous capital receipts were budgeted at ₹47,000 crore, but were later revised down
State governments have long argued that their space for policy experimentation and autonomy has been shrinking
As the rules-based order fractures, geopolitics, minerals and energy rivalries are reshaping climate action, trade, and the future of global cooperation
The Sixteenth Finance Commission's transfer framework raises questions on equity and fiscal equalisation as rigid tax devolution and limited grants reshape Centre-state finances
As India courts global trade deals like the EU pact, the Economic Survey flags competitiveness-not protection-as the real key to sustainable export growth
The Union Budget for 2026-27 has also placed a clear bet on urbanisation as an engine of growth
Here are the best of Business Standard's opinion pieces for today
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