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
Fiscal Consolidation Achieves 4.3% Deficit Target
Finance Minister Nirmala Sitharaman presented Budget Estimates for 2026–27 emphasizing sustained fiscal consolidation alongside robust economic growth. The government’s prudent approach balances expenditure support with declining debt metrics, reinforcing macroeconomic stability. Improved Debt-to-GDP Trajectory The debt-to-GDP ratio improves to 55.6% in Budget Estimates 2026–27 from 56.1% in Revised Estimates 2025–26.
