Union Budget 2025 News: Finance Minister Nirmala Sitharaman told Parliament connected Tuesday that the Narendra Modi 3.0 government's Union Budget for 2025-26 balances national improvement necessities with fiscal priorities, stating that it proposes to usage 99 per cent of marketplace borrowings for superior expenditure (capex). This comes to astir 4.3 per cent of the country's gross home merchandise (GDP), said the concern minister.
Taking this into account, the effectual capex earmarked for FY26 amounts to Rs 15.48 lakh crore, said the concern curate successful effect to a treatment connected the government's yearly fiscal plan.
Her remarks came days aft she preseted the Narendra Modi 3.0 government's archetypal full-year Budget, pegging fiscal deficit—or the shortfall betwixt the government's expenditure and revenue—at 4.4 per cent of the GDP for the fiscal twelvemonth opening April 1.
Various home arsenic good arsenic planetary factors person influenced the worth of rupee against the US dollar, said the concern minister. She besides highlighted that preparing the Union Budget is much challenging than ever fixed the world's script has turned 180 degrees successful the past 10 years.
Watch Live: Smt @nsitharaman's reply to the General Discussion connected Union Budget 2025-26 successful Lok Sabha. @FinMinIndia @sansad_tv
#BudgetSession2025 https://t.co/juyoO7W5Em
— Nirmala Sitharaman Office (@nsitharamanoffc) February 11, 2025