India, Feb. 2 -- The Budget does what responsible governments should do: it prioritises macroeconomic stability and addresses structural inefficiencies without resorting to populist giveaways. FM Nirmala Sitharaman has delivered a credible Budget that projects nominal GDP growth of 7-7.5% for FY27.

For the technology ecosystem, there are tangible wins, particularly around IT services, manufacturing, and procedural simplifications. But several critical priorities remain unaddressed.

Fiscal Discipline Creates Room For Private Capital

The Budget's greatest achievement is what it avoids: fiscal expansion in favour of political optics. The Government has raised gross tax collections from INR 33.42 Lakh Cr to INR 35.33 Lakh Cr despite larger...