India FY27 fiscal deficit may exceed budget target by Rs 1.2 lakh crore, SBI Research says
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
India's central government anticipates a fiscal deficit exceeding budget estimates by Rs 1.2 lakh crore in 2026-27. This increase is primarily attributed to rising fertiliser, LPG, and petroleum subsidy expenses. Strong GST growth and disinvestment receipts may not offset the…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA larger-than-budgeted deficit can weigh on Indian market sentiment and fiscal policy expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The central government expects the 2026-27 fiscal deficit to exceed budget estimates by Rs 1.2 lakh crore.
- 02The increase is mainly due to higher fertiliser, LPG and petroleum subsidy expenses.
- 03SBI Research recommends revising the long-term capital gains structure.