Question

The Union Budget 2026-27 was presented on February 1, 2026 from Kartavya Bhawan and is inspired by three kartavyas. Evaluate the following statements:
I. The fiscal deficit for BE 2026-27 is estimated at 4.3% of GDP, and the debt-to-GDP ratio is projected at 55.6% for the same year.
II. Biopharma SHAKTI, announced in Budget 2026-27 with an outlay of Rs. 10,000 crore over five years, aims to make India a global biopharma manufacturing hub, supported by 3 new NIPERs and over 1,000 accredited clinical trial sites.
III. The public capital expenditure for 2026-27 is increased to Rs. 15 lakh crore, along with the announcement of an Infrastructure Risk Guarantee Fund.
IV. The STT on Futures is raised from 0.02% to 0.05%, and on options premium from 0.1% to 0.15%, as per Budget 2026-27. Which of the above statements are correct?

Q: Answer-The Union Budget 2026-27 was presented on February 1, 2026 from Kartavya Bhawan and is inspired by t...

Statement I is correct fiscal deficit target is 4.3 of GDP and debt-to-GDP is 55.6 for BE 2026-27 as per the Budget announcement. Statement II is correct Biopharma SHAKTI was announced with Rs. 10,000 crore over 5 years, 3 new NIPERs, and 1,000 accredited clinical trial sites. Statement III is incorrect public capex is raised to Rs. 12.2 lakh crore not Rs. 15 lakh crore the Infrastructure Risk Guarantee Fund is correctly mentioned. Statement IV is correct STT on Futures raised from 0.02 to 0.05 on options premium from 0.1 to 0.15.