The Economic Times

GDP base reset, pending inflation data and Trump tariffs pose challenges for Union Budget 2026

As Nirmala Sitharaman prepares her 9th budget, India faces a 'Goldilocks' economy with strong GDP growth but persistent poverty. She must balance electoral politics with fiscal prudence, especially with potential state revenue increases and the need for job creation through infrastructure investment. Sitharaman's challenge is to foster inclusive growth and navigate global trade uncertainties.