What is India's projected fiscal deficit for FY27?

India's budget projects a fiscal deficit of 4.3 per cent of GDP in FY27.

How will India boost private and foreign investment?

Measures include an Infrastructure Risk Guarantee Fund and a tax holiday for data centers until 2047, alongside tax exemptions for foreign experts.

What job creation initiatives are included in the budget?

Schemes like Biopharma SHAKTI, electronics manufacturing, adding health professionals, and upskilling tourism guides are part of the job creation focus.

Home / Business and Economy / India's FY27 Budget: Growth Fuelled by Capital!

India's FY27 Budget: Growth Fuelled by Capital!

1 Feb

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Summary

Fiscal deficit projected at 4.3% of GDP for FY27.
Capital expenditure to rise, driving investment-led growth.
Tax incentives offered for data centers and foreign experts.

India's FY27 Budget: Growth Fuelled by Capital!

India's fiscal outlook for FY27 projects stability, targeting a 4.3% deficit and a 55.6% debt-to-GDP ratio. The budget prioritizes investment-led growth with a substantial rise in capital expenditure to ₹12.2 lakh crore.

To stimulate private and foreign investment, initiatives include a credit guarantee fund for lenders and a tax holiday for data centers extended to 2047. Non-resident experts on notified schemes will also receive a five-year tax exemption.

Job creation is a central theme, with schemes like Biopharma SHAKTI and electronics manufacturing expected to generate skilled employment. The budget also aims to add 100,000 Allied Health Professionals and upskill 10,000 tourism guides.