THE FY26 UNION BUDGET: STRIKING THE RIGHT NOTES
- Credit Rating Agency in India
- Union Budget
- THE FY26 UNION BUDGET: STRIKING THE RIGHT NOTES
India’s Union Budget for FY26 was presented on February 1, 2025, and is focused on "Sabka Vikas," highlighting inclusive growth across multiple sectors of the economy. A distinguishing feature of this Budget is a special thrust on India’s middle-income class, where it is stressed that enhancing spending power of India’s rising middle class is a crucial objective of this Budget.
The Budget, while advancing inclusive growth, also remain cautious amid the volatile global scenario, especially after the post-election results of US, as Donal Trump is on a war-footing regarding tariff threats on products of many economies, including Mexico, India and Canada among others.