Towards self-reliance

A TIME when the global economy is grappling with slowing growth, fragmented supply chains, and heightened uncertainty, India stands out as one of the few large economies sustaining growth momentum.

- ANANT GOENKA, PRESIDENT, FICCI

The Union Budget 2026-27 builds on this relative strength, offering a calibrated push to growth, while reinforcing macroeconomic stability through fiscal discipline and sustained public investment.

The finance minister has presented a Budget that is pragmatic, confidence-enhancing, and anchored in continuity. Similar to previous budgets, the emphasis continues on key priorities — job creation, enhancing competitiveness, ensuring economic resilience, and inclusiveness. By maintaining the fiscal consolidation path while scaling up effective capital expenditure, the Budget sends a clear signal of policy credibility, an essential ingredient for long-term private investment.