印度经济与策略：2027 财年预算对增长的周期性与结构性支撑-India Economics and Strategy-F2027 Budget Cyclical and Structural Support to Growth

The Budget balances debt-to-GDP reduction with slow fiscal consolidation and support for growth through both cyclical and structural measures. We remain constructive on Indian equities – Overweight Financials, Consumer Discretionary and Industrials. F2027 Budget presented today: The Budget balances debt to GDP reduction with slow paced fiscal consolidation and support for growth through cyclical and structural measures. It targets a fiscal deficit of 4.3% of GDP for F27 (MSe: 4.2% of GDP), in line with a ce ...