Nirmala Sitharaman Defends Gradual Fiscal Consolidation And 4.3% Deficit Target | India Today News

Описание: On this Special Report, Union Finance Minister Nirmala Sitharaman addresses key economic concerns following the budget presentation. Responding to queries on fiscal prudence, she stated, 'It is a responsible number and realistic number,' referring to the gradual reduction of the fiscal deficit target to 4.3%. Sitharaman clarified that the government's gross borrowing of over ₹17 lakh crore is manageable due to significant repayment obligations. She also detailed India's strategic approach to Artificial Intelligence and the Semiconductor Mission (ISM 2.0), emphasizing that AI must benefit the country's demographic dividend without unthinkingly replacing human effort. The Finance Minister highlighted the growth in direct tax collections and the healthy buoyancy in indirect taxes. Additionally, the Revenue Secretary provided clarifications on the transition of buyback tax to a capital gains tax framework, framing it as a relief for shareholders. The session underscores the government's focus on strategic resilience and steady economic growth amidst global uncertainties.

#NirmalaSitharaman #UnionBudget #IndianEconomy #itwebvideos #FiscalDeficit #SemiconductorMission #AI #DigitalIndia #TaxReform #FinanceNews #IndiaToday #EconomicGrowth #FiscalPrudence #Budget2026 #TechInnovation #StockMarketIndia


Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video.

All you need to do is PRESS THE BELL ICON next to the Subscribe button!

India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more.

Stay tuned for latest updates and in-depth analysis of news from India and around the world!

WhatsApp Channel: https://whatsapp.com/channel/0029Va2A...

Download App: https://indiatoday.link/wHaj

Follow us: Official website: https://www.indiatoday.in/

Twitter:   / indiatoday  

Facebook:   / indiatoday