By:- Dr. Joy Alukkas, Chairman and MD, Joyalukkas Group
“The Union Budget 2026–27 reflects strong fiscal discipline with a fiscal deficit of 4.3% while significantly increasing public capital expenditure to ₹12.2 lakh crore. This balanced approach towards growth and stability strengthens consumer confidence and long-term investment sentiment. The ₹10,000 crore SME Growth Fund is particularly encouraging for businesses across the value chain.”