Union budget 2025-26

Budget 2025: Macroeconomic expectations and policy priorities for FY26

In the first episode of our pre-budget 2025 podcast series, we delve into the macroeconomic landscape and the important policy considerations for the upcoming Union Budget 2025. Engage with us in a thought-provoking dialogue featuring Dr. D.K. Srivastava, Chief Policy Advisor at EY India, as we dissect India's current economic landscape, project growth trajectories, and examine priorities that relate to fiscal consolidation and infrastructure advancement.

In conversation with:

ey-d-k-srivastava
D. K. Srivastava
EY India Chief Policy Advisor

Key takeaways

  • Budget 2025 should align fiscal stimulus with consolidation to ensure robust short to long-term growth.
  • Enhancing domestic demand through a renewed infrastructure pipeline and increased capital expenditure can help counter global economic uncertainties.
  • Rationalizing personal income tax rates and enhancing disposable income for low and lower-middle income groups can help drive domestic consumption and economic growth.
We anticipate a significant shortfall in the government's actual capital expenditure compared to the budgeted INR 11.1 lakh crore.

For your convenience, a full text transcript of this podcast is available on the link below:


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Podcast

Season 02 Episode 01

Duration

9m 15s