Union Budget 2026 to India-EU FTA: This week in top charts

Why in news

Union Finance Minister Nirmala Sitharaman presented the ninth Union Budget for the fiscal year 2025-26, outlining expenditure plans and fiscal deficit projections.

Background

The Union Budget 2026 was presented on February 1, 2026. The Economic Survey for FY25 projected a GDP growth rate between 6.8% and 7.2% based on robust domestic economic fundamentals.

Facts for Prelims

• FactGDP growth projection for FY25: 6.8% to 7.2%
• PostNirmala Sitharaman: Union Finance Minister
• FactThe Union Budget 2026 covers the fiscal year 2025-26

For Mains

Q. Analyze the significance of robust domestic economic fundamentals in sustaining India's projected GDP growth amidst global fiscal uncertainties.

Dimensions to cover in your answer

• Fiscal discipline: Balancing infrastructure expenditure with fiscal deficit targets
• Growth drivers: Transitioning from consumption-led to investment-led growth models
• Macroeconomic stability: Managing inflation while maintaining high GDP growth trajectories

Keywords: Fiscal Deficit · GDP Growth · Economic Survey · Capital Expenditure · Macroeconomic Fundamentals

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