India, Feb. 1 -- The Government of India issued the following news release:
Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman presented Union Budget 2025-26 in the Parliament today. The highlights of the budget are as follows:
Budget Estimates 2025-26
The total receipts other than borrowings and the total expenditure are estimated at rs 34.96 lakh crore and rs 50.65 lakh crore respectively.
The net tax receipts are estimated at rs 28.37 lakh crore.
The fiscal deficit is estimated to be 4.4 per cent of GDP.
The gross market borrowings are estimated at rs 14.82 lakh crore.
Capex Expenditure of rs11.21 lakh crore (3.1% of GDP) earmarked in FY2025-26.
AGRICULTURE AS THE 1ST ENGINE OF DEVELOPMENT
Prime Minister Dhan-Dha...