Union Budget to emphasize capex and fiscal consolidation
after close1 source ↓written by the desknot a recommendation
- target supported
- 4.4% fiscal deficit
- and buoyant non-tax
- 10% nominal GDP growth
The Union Budget 2026 is set to focus on higher public investment and gradual fiscal consolidation, as per ICICI Bank Research. The report anticipates a 4.4% fiscal deficit target supported by improved revenue collections in FY27, driven by a 10% nominal GDP growth and buoyant non-tax revenues. This could enhance market sentiment in the medium term.
Not investment advice. For informational purposes only.