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budget HT Saturday, 6 June 2026

Economy grew 7.7% in fiscal 2026, year ahead likely to be challenging

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Budgetary action — an allocation, fiscal policy change, or expenditure decision shaping how public resources flow. Reveals government priorities and affects programme implementation capacity.

Summary

Indian economy grew at 7.7% in FY 2025-26, with GDP reaching 7.8% in Q4. Despite challenges, reforms and hard work are driving growth momentum.

Key Facts

Type Budget
Source Hindustan Times - India
Published Saturday, 6 June 2026
Affected Population 1.4 billion citizens, 63 million MSMEs

Key Numbers

GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Rs 15,000 crore for Digital India initiatives

Key Authorities

Ministry of FinanceRBISEBIDEAMinistry of Electronics & IT

Key Stakeholders

TaxpayersBanks & NBFCsInvestorsInternet UsersTech CompaniesStartups

Government Context

NDA III BJP-led NDA
Centre-Right
Left Centre Right

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