Nirmala Sitharaman stated that the commitment made... ... Union Budget 2026 Live Updates: FM Nirmala Sitharaman presents budget in Lok Sabha

Nirmala Sitharaman stated that the commitment made in FY22 to reduce the fiscal deficit below 4.5% of GDP has been fulfilled.

In the Revised Estimates for 2025-26, the fiscal deficit is projected to be 4.4% of GDP.

Aligned with the new fiscal prudence framework, the fiscal deficit is estimated to be 4.3% of GDP in FY27.

Update: 2026-02-01 06:46 GMT

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