印度经济：2026 财年经济调查报告- 核心要点-India Economics-Economic Survey F2026 – Key Takeaways

What does this mean for Budget F2027? In our view, the survey provides an intent for reforms the government should implement and should be viewed as a recommendation for policy steps. We believe the budget for F2027 will likely be guided by a calibrated fiscal strategy, anchored in a credible debt consolidation path, along with continued focus on improving the quality of spending and improving tax buoyancy, to support India's structural growth. We expect the fiscal deficit to be pegged at 4.2% of GDP, corre ...