Core Philosophy of Budget 2026-27
The Budget is built on three "Kartavyas" (Duties):
- Accelerating growth and resilience
- Building citizen capacity/aspirations, and
- Ensuring inclusive access (Sabka Sath, Sabka Vikas).
Budget Estimates (BE 2026-27)
- Non-debt Receipts: Rs.36.5 lakh crore; Total expenditure: Rs.53.5 lakh crore.
- Centre’s Net Tax Receipts: Rs.28.7 lakh crore.
- Gross Market Borrowings: Rs.17.2 lakh crore; Net market borrowings: Rs.11.7 lakh crore.
Revised Estimates (RE 2025-26)
- Non-debt Receipts: Rs.34 lakh crore (Net tax: Rs.26.7 lakh crore).
- Total Expenditure: Rs.49.6 lakh crore (Capex: ~Rs.11 lakh crore).
Fiscal Consolidation
- Fiscal deficit is projected at 4.3% of GDP (BE 2026-27) ....

