one18
A "long-overdue" move | it's a positive move, and it's a surprise move as well. Because recently, when we were speaking to S&P it was not expected that the move will come in. But I would just say it is very long overdue given our own macro stability dynamics. We are still the fastest growing economy in the world, and the way we have seen improvement in inflation, fiscal current account dynamics so, all this is playing out.
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CNBC TV18•30-01-2026, 13:06

Atanu Chakraborty on Budget 2026: Fiscal Deficit, Growth are Key Indicators

  • •Atanu Chakraborty, former Secretary, Department of Economic Affairs, will closely monitor growth and fiscal deficit numbers in Budget 2026.
  • •He emphasizes that the fiscal deficit number encapsulates both expenditure and revenue, while growth is crucial for employment.
  • •Chakraborty is confident the government will adhere to its fiscal consolidation path, a commitment made before elections.
  • •This fiscal discipline has been maintained despite potential lower-than-expected tax collections.
  • •The government's focus is also shifting towards the debt-to-GDP ratio as a key fiscal health metric.

Why It Matters: Atanu Chakraborty highlights fiscal deficit and growth as critical metrics for Budget 2026, expecting fiscal discipline.

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