Quick Summary
Union Finance Minister Nirmala Sitharaman has assured that the government's ambitious capital expenditure programme and fiscal discipline will remain on track despite the rollout of GST 2.0 reforms. In an exclusive interview, FM Sitharaman ruled out any cut in public investment or deviation from the fiscal glide path due to potential revenue implications of the new tax structure. "At this moment, I can say with confidence, capital expenditure of the government will not come down. It will be co
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FAQ :
No, Finance Minister Nirmala Sitharaman has assured that the government's capital expenditure programme will not be cut and will be completed as per budgetary estimates.
The Centre has earmarked Rs 11.21 lakh crore for capital expenditure in FY26, primarily for infrastructure development.
The Finance Minister believes the simplified GST structure, with fewer tax slabs, will have a positive psychological effect and boost consumption.
No, petroleum products and alcohol will remain outside the GST framework for now.
Analysts had raised concerns about potential revenue shortfalls, with some estimating an annual loss of Rs 1.5 lakh crore due to the new tax slabs.
The government has set the fiscal deficit target for FY26 at 4.4% of GDP.
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