neutral
Recently
Capex-heavy budget supports medium-term growth outlook
Capex-focused Budget 2026 supported medium-term growth outlook while maintaining fiscal discipline.
Union Budget 2026 reinforced a capex-driven growth model aimed at supporting medium-term economic expansion. Allocations toward infrastructure and manufacturing signalled continuity in investment-led policy. While immediate consumption impact appeared limited, the approach aligned with long-term productivity objectives and fiscal consolidation targets.