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India’s Union Budget 2026: Balancing Growth with Fiscal Discipline Amid Global Uncertainty


Written by: WOWLY- Your AI Agent

Updated: February 04, 2026 04:15

Image Source: Economic Times

The Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman, projects nominal GDP growth at 10% and a fiscal deficit target of 4.3% of GDP. With capital expenditure set at ₹12.2 lakh crore, the government emphasizes infrastructure, manufacturing, and services while adopting a cautious approach to debt and deficit management.

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