Fiscal Discipline Targets 4.3% Deficit with ₹1.4 Lakh Cr State Devolution
Finance Minister Nirmala Sitharaman projected the fiscal deficit for FY 2026–27 at 4.3% of GDP, marginally lower than the 4.4% estimated for the current year, demonstrating sustained fiscal prudence during her Union Budget presentation. Robust Revenue and Expenditure Framework Net tax receipts are estimated at ₹28.7 lakh crore, supporting ₹1.4
