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The Economic Times

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Why Sitharamans ninth budget chose continuity over courage

Nirmala Sitharaman's ninth budget emphasized continuity, focusing on GDP growth and increased capital expenditure. While fiscal consolidation continues slowly, the budget introduced a securities transaction tax hike on derivatives and taxed buybacks, aiming to curb speculation and tax arbitrage. Asset monetisation is also being prioritized over outright PSU privatization.

2 Feb 2026 5:30 am