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Budget 2026-27 avoided populism, focused on productive capex to power ‘Reform Express’: PM Modi

File photo: PM Modi (Picture credit: ANI) Calling productive spending a defining feature of his government, Prime Minister Narendra Modi on Sunday said the recently unveiled Union Budget consciously steered clear of short-term populism and instead channelled record capital outlays into infrastructure to drive jobs and sustainable growth.In an exclusive interview with news agency PTI,…

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Why Union Budget 2026 avoided populism and chose stability

If past Union Budgets were shaped by tax reforms and progressive personal tax restructuring, then Budget 2026 is more about firefighting, shielding the economy from global shocks, managing uncertainty and rebuilding confidence amid a volatile international environment.With no dramatic fiscal stress to respond to, Budget 2026 shifted attention to longer-term priorities while maintaining continuity in…

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