Union Budget will balance fiscal consolidation and growth; Capital expenditure likely to rise to Rs11-11.5 lakh cr: Report
Union Budget for the fiscal year 2025-26, to be presented on February 1, 2025, is expected to strike a delicate balance between fiscal consolidation and growth-oriented measures, according to a Bank of Baroda report.
Budget with ET
India's aviation sector has wings, but airlines can't fly high
Change the game of trade as Trump returns to US throne
Income tax payers' wishlist: More benefits in new tax regime, higher HRA & more
To encourage private investments, the government is likely to increase its capital expenditure to Rs11-11.5 lakh crore in FY26, up from Rs10 lakh crore in FY25.
Despite headwinds from slowing global growth, a stronger US dollar, and potential tariff threats by President-elect Donald Trump, the government aims to ensure India's growth trajectory remains resilient.
Key priorities include boosting domestic consumption, fostering private investments, and continuing flagship schemes such as PM-KISAN, MGNREGA, and Housing for All.
With an anticipated fiscal deficit reduction to 4.3-4.4 per cent of GDP in FY26 from 4.8-4.9 per cent in FY25, the government demonstrates a firm commitment to fiscal prudence.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By — Metla Sudha Sekhar, IT Specialist
