The Economic Times

Unspent funds of up to 75,000 crore may help Centre meet FY26 fiscal deficit target

The Indian government is poised to save 70,000-75,000 crore this fiscal year as several key ministries and welfare schemes underutilize their allocated funds. This significant saving will provide crucial fiscal headroom, enabling the government to manage increased subsidy outgo and potential shortfalls in tax receipts while aiming to meet its fiscal deficit target.