Govt aims to improve quality spending, cut fiscal deficit to 4.5 pc in FY26: Finmin report

Budget 2025: The government is focused on better quality spending, enhancing the social security net, and reducing the fiscal deficit to 4.5 per cent of GDP by FY26. This approach aims to boost India's macro-economic fundamentals and financial stability. The upcoming Budget for 2025-26 will be presented in Parliament on February 1.