Budget 26-27 for India.

Today on 1st February 2026 Union Minister Finance paised budget. The total size of the budget is 53.5 lakh core.
Here government is making market borrowings 17.2 lakh core, so we can not say this is surplus budget. Now fiscal deficit is 4.8% this budget hopes to adjust just 0.5%.
But RBI is moving with 50bps formula.
In the said budget inflow to citizen is just VB G Ram G scheme which is 95000 core. But how much a beneficiary will get in such scheme yet no body knows.
Another thing 3 core lakh pati didi will get Mudra loan Rs 2lakh and more but how that money will be inputed to others for income and day to day purposes that has become debatable.
Now as per the budget government ready to take Rs 3lakh 82 thousand from each citizen but at where the interim dividend is comming that has also being debated matter.
For technical students scholarship has been declared in budget which can input money to the scholars only.
Defense budget has been increased which is required.
Voyage, rail and infrastructures development have been considered.
But new employment generation, inflation have not been deeply considered.
World is in disturbed at any moment war and conflicts may be. But government has no reserve funds in hand. Truely it can be said more than 20lakh core income generation are required to attain 8 to 9% growth.
Here lastly we can say government is in deficit budget.

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