Government to meet FY26 fiscal targets through capex cuts

3 Dec 2025 · 07:04 ISTpre-market1 source ↓written by the desknot a recommendation

in October: 28% year-on-year

The Central government aims to achieve its fiscal deficit target of 4.4% of GDP for FY26 by implementing capital expenditure cuts. Capex fell 28% year-on-year in October, primarily due to reduced transfers to states, while defence spending remained robust. This strategy comes as income tax and GST collections decline, impacting overall revenue.

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Sourcesnews.google.com

Government

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Government to meet FY26 fiscal targets through capex cuts

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