The Economic Times

Budget earmarks total expenditure of Rs 53.47 lakh crore for 2026-27: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman presented the Union Budget with a total expenditure of Rs 53.47 lakh crore for the upcoming fiscal year. The government has allocated a record Rs 12.2 lakh crore for capital expenditure. Fiscal deficit is projected at 4.3 percent of GDP for FY27. States' share is estimated at Rs 25.44 lakh crore.