The Union Budget 2026–27 has been presented at a moment when the global economic and political environment remains deeply unsettled. Wars continue to disrupt trade routes, financial markets remain sensitive to interest rate movements in advanced economies, and supply chains are increasingly shaped by geopolitics rather than efficiency alone. For an economy like India—integrated withContinue reading “A Budget of Consolidation in an Uncertain World”
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A Budget Asserting Confidence of an Incumbent Government
‘Flat’, ‘without Substance’ and ‘a budget from a government on its way out’ are some of the epithets that greeted the Interim budget presented earlier in the day. Clearly, these were voiced by the critics, not from the economist community, but largely from the opposition parties. And yet, if the budget had incorporated any major policy initiative,Continue reading “A Budget Asserting Confidence of an Incumbent Government”
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