Advanced Study Institute of Asia (ASIA) Research Analysis
Team at ASIA reviews India’s Budget 2025-26, noting its careful balance of fiscal discipline with growth, social welfare, and innovation investments amid global uncertainties.
SIGNIFICANCE:
Finance Minister Nirmala Sitharaman’s Budget 2025-26 aims to keep fiscal consolidation on track while giving a push to social spending and strategic sectors. The budget reveals New Delhi’s commitment to infrastructure development and technological innovation, but questions arise regarding the capacity for implementation.
The budget reflects three main priorities:
- Fiscal consolidation amidst global economic uncertainties
- Enhanced social welfare spending targeting key demographics
- Technology and infrastructure investment strategy