To hold the fiscal deficit at 4.4% of GDP, the Centre trims spending and shifts to a debt-anchored framework for greater policy flexibility amid global risks
Union Budget 2026-27 raises capital expenditure to ₹12.2 trn, reinforcing the govt's infrastructure-led growth strategy, even as spending in the current fiscal is expected to fall short of estimates
Finance Minister Nirmala Sitharaman pitches tier-II and tier-III cities as engines of growth, rolling out reform-linked funding for city economic regions to drive balanced urban development
Higher capex, green mobility and strategic manufacturing bets in Budget 2026-27 aim to boost competitiveness, infrastructure and self-reliance on the road to Viksit Bharat 2047
India contained its FY26 fiscal deficit at 54.5% of Budget Estimates for April-December, aided by higher non-tax revenues and controlled spending despite a December capex dip
In this episode of Budget Basics, we break down one of the most important and often most confusing ideas in the Union Budget: revenue spending versus capital spending.
What’s the difference?
Misclassification is rife, affecting compliance under FRBM Act, and distorting revenue surplus, fiscal deficit and debt ratios. IMF doesn't like it. Now, CAG is set to clamp down on the bad practic
CGA data showed the Centre's fiscal deficit rose to Rs 9.77 trillion, or 62.3 per cent of FY26 Budget estimates, in April-November as capex surged and net tax revenue slipped
UP's finance minister Suresh Khanna says disciplined spending, revenue surpluses and rising capex have helped India's most populous state maintain fiscal stability while expanding infrastructure
Sixteen of 21 states spent under half of their budgeted capex in the first eight months of FY26, while the Centre's capex stood at 55.1 per cent of BE in April-October