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A CALIBERATED FISCAL STRATEGY HAS ANCHORED ECONOMIC STABILITY AMID GLOBAL ECONOMIC TURBULENCE: ECONOMIC SURVEY 2025-26 SUSTAINED INCREASE IN CAPEX AND RESILIENT REVENUE MOBILISATION KEY TO FISCAL CONSOLIDATION SASCI SCHEME HELPS STATES TO MAINTAIN CAPITAL EXPENDITURE AT 2.4%; Rs 4.5 LAKH CRORES ALLOCATED TO STATES IN LAST 5 YEARS FISCAL DEFICIT BUDGETED AT 4.4% OF GDP IN FY26, DOWN FROM 4.8% IN FY25 REVENUE DEFICIT AT ITS LOWEST SINCE FY09, BUDGETED AT 0.8% IN FY26 BETTER COLLECTION EFFICIE
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FAQ :
The fiscal deficit is budgeted at 4.4% of GDP in FY26, down from 4.8% in FY25.
The revenue deficit is at its lowest level since FY09, budgeted at 0.8% in FY26.
Revenue receipts have increased due to better collection efficiency and curbing leakages through technology-driven measures, rising to 9.2% of GDP in FY25.
Effective capital expenditure has increased significantly, rising from an average of 2.7% of GDP pre-pandemic to 4.3% in FY26.
The government aims to achieve a debt-to-GDP ratio of around 50% by FY31, with the current ratio standing at 55.7% in FY25.
Gross GST revenue for April-December FY26 was Rs 17.4 lakh crore, showing a year-on-year growth of 6.7% compared to the previous year.
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