India’s budget doubles down on a tried and tested formula—with debt reduction as a distant target

📅 Published: February 2, 2026 | 📂 Category: Uncategorized

India’s budget for 2026-27 looks broadly apt for the moment, with capex-led growth the order of the day. But as fiscal policy adopts a distant debt target, the Centre must remain adaptive—and ready to rein back its big-spender instincts should aggregate demand spring a surprise.

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