RBI's Insights on Union Budget 2026-27

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RBI Praises Union Budget 2026-27: Fiscal Discipline, Growth, and Innovation

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CNBC TV18•20-02-2026, 18:12

RBI Praises Union Budget 2026-27: Fiscal Discipline, Growth, and Innovation

•RBI states Union Budget 2026-27 reaffirms government's commitment to fiscal discipline and economic growth.
•Budget allocates resources for infrastructure, domestic technology, and workforce development.
•Gross fiscal deficit budgeted to decline to 4.3% of GDP in 2026-27 from 4.4% in 2025-26 (RE).
•Capital expenditure remains a cornerstone, with ₹12.2 lakh crore (3.1% of GDP) earmarked.
•Gross tax revenue projected to increase by 8% in 2026-27, driven by income tax and union excise duties.

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