Budget 2026: Sitharaman trims FY27 fiscal deficit target to 4.3%

Union Budget of India: Finance Minister Nirmala Sitharaman on Sunday set the fiscal deficit target at 4.3% of GDP for 2026-27 while presenting the Union Budget for the next financial year.The announcement comes amid heightened focus on balancing public spending with macroeconomic stability, as the government continues to scale back pandemic-era support while maintaining capital expenditure to sustain economic momentum.