February 3, 2025 1:54 PM

Budget boosts consumption, fiscal prudence, capex: report

The Union Budget 2025–26 has been crafted as a bold move toward fiscal consolidation and long-term structural reforms, with the government keeping the fiscal deficit at 4.4% for FY26 while boosting capital spending by 10% to ₹11.2 lakh crore, according to a report by PL Capital on Monday. The report highlights that the Budget strikes a delicate balance, ensuring credibility in debt management without compromising growth. The government has not only provided for an increase in Capex but cen...