empty
 
 

2026.02.0106:59:34UTC+00India Sets Fiscal Deficit Target of 4.3% for FY 2026–27

The Indian government has set a fiscal deficit target of 4.3% of GDP for the fiscal year 2026–27, aiming for a gradual fiscal consolidation while continuing to invest in crucial growth sectors. During the Union Budget announcement on Sunday, Finance Minister Nirmala Sitharaman emphasized that the target strikes a balance between sustaining economic growth and ensuring the stability of public finances. The government has planned for a total expenditure of Rs 53.5 lakh crore in 2026–27, demonstrating a commitment to key initiatives within the framework of fiscal prudence. Regarding revenue, non-debt receipts are projected at Rs 36.5 lakh crore for the fiscal year, with the Centre’s net tax receipts anticipated to be Rs 28.7 lakh crore. The Indian economy is projected to grow at a rate of 7.4% in the current financial year, while inflation is expected to remain around 2%. The fiscal deficit for this year is anticipated to be 4.4% of GDP.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback