Union Budget 2026

GK and monthly revision
ET Graphics: Borrowing now fuels growth as capital spending overtakes fiscal deficit
The article highlights that in the Union Budget 2026, government borrowing is now primarily funding capital expenditure, indicating better spending quality and a stronger fiscal deficit. The effective capital spending exceeds the fiscal deficit, meaning borrowing is creating assets that will boost economic growth potential. This approach is a positive development for the nation's economy.
Revision structure
Key points
Exam-ready takeaways
Government borrowing funding capital expenditure
Effective capital spending exceeding fiscal deficit
Borrowing creating assets to boost economic growth potential
Positive development for the nation's economy
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