💨 Abstract

Finance Minister Nirmala Sitharaman, with her eighth consecutive Union Budget, is preparing a budget of over Rs 50 lakh crore for FY26 to address economic challenges such as decelerating growth, falling Rupee value, and moderation in consumption demand. The government aims to stick to the fiscal glide path of reducing the fiscal deficit to below 4.5% of GDP in FY26.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖