Quick Summary
The Union Budget 2026-27 has set the total expenditure at Rs 53.47 lakh crore, marking a significant expansion in public spending while maintaining a clear path toward fiscal consolidation. Replying to the debate in the Lok Sabha, Finance Minister Nirmala Sitharaman said the Budget strikes a balance
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FAQ :
The total expenditure for the Union Budget 2026-27 has been set at Rs 53.47 lakh crore.
The government has allocated Rs 12.2 lakh crore for capital spending, with the effective capital expenditure rising to Rs 17.1 lakh crore when combined with financial support to states.
The fiscal deficit for FY27 is projected at 4.3% of GDP.
The budget maintains focus on infrastructure development, healthcare expansion, agriculture support, and state transfers.
Despite increased spending, the government is committed to fiscal prudence with a projected deficit of 4.3% of GDP and aims to gradually reduce the debt-to-GDP ratio.
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