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Economy

Union Budget 2026: Poll suggests tight spending, states take on bigger financial burden

The upcoming Union Budget for 2026 is expected to prioritize fiscal consolidation despite a robust economic growth of 8.2% in late 2025. A Reuters poll suggests that the government faces challenges due to declining tax revenues, which may lead to increased financial burdens on states as they struggle with rising debt ratios.

Union Budget 2026: Poll suggests tight spending, states take on bigger financial burden

Credit: Mathrubhumi

Key Highlights

  • Union Budget to be presented on February 1, 2026.
  • Economists predict strict fiscal consolidation measures.
  • India's economy expanded by 8.2% in late 2025.
  • Slump in tax revenue limits the government's financial flexibility.
  • States may experience rising debt ratios without a clear path to consolidation.
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Sources

  1. Union Budget 2026: Poll suggests tight spending, states take on bigger financial burden

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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