India, Feb. 18 -- The Union Budget 2025-26 aims to boost consumption through targeted tax cuts and a strategic shift away from excessive dependence on large-scale public capital expenditure. The fiscal approach seeks to trigger a multiplier effect, where higher consumption fuels economic growth while ensuring fiscal consolidation, leveraging the foundation laid by previous mega investments in infrastructure.
From a technology perspective, the Budget 2025-26 proposals build upon and align with initiatives from recent editions, particularly the July 2024 budget. Viewed in a broader context, these measures constitute a cohesive roadmap rather than isolated announcements, driving sustainable growth.
The budget outlines significant investmen...
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