As Union Budget 2026 looms, experts frame it as a critical litmus test for India’s ability to sustain high growth amid punishing global headwinds including Trump-era tariffs, EU protectionism, and supply chain fractures, advocating aggressive domestic strategies like middle-class tax rebates, MSME credit guarantees, and accelerated GST 2.0 to fortify internal demand cycles. Live stakeholder consultations reveal consensus on balancing fiscal prudence at 4.4% deficit with bold capex hikes in tier-2 infra and renewables, aiming to shield 7%+ growth trajectories while recalibrating trade policies for emerging markets like ASEAN and Africa.
Budget 2026 Faces Global Stress Test with Calls for Domestic Resilience Measures
