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Jal Shakti lags, Railways leads pack in spending
Business Standard
|October 13, 2025
Expenditure by ministries till August has been around 37 per cent of the Budget estimate (BE) for FY26 with the finance ministry having begun pre-Budget interministerial consultations on October 9.
While the initial discussions are focused on arriving at the revised estimate (RE) for FY26, the ministries would be submitting their BE for next financial year as well.
The government is confident of keeping the fiscal deficit at 4.4 per cent for this financial year even amid a slowdown in revenue collection so far.
“Typically, in these meetings the government gets a greater clarity about the pace of expenditure in the first half of the financial year and detailed stocktaking takes place, including any reprioritisation that may be required,” a senior government official said.
This story is from the October 13, 2025 edition of Business Standard.
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