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Farmer suicides in Maharashtra | Ploughing through the pain

Farmer suicides in Maharashtra | Ploughing through the pain
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View: A fiscally tighter budget than market expectations

The FY26 budget is expected to be even tighter, with a lower fiscal deficit target. The government surprised everyone by not announcing any new social schemes or expanding existing ones. Allocation for popular social schemes like MNREGA and Jal Jeevan Mission remains unchanged. The budget focuses on boosting the investment cycle, with a significant increase in government capex, particularly on infrastructure projects. The tight fiscal situation may lead to lower interest rates and the possibility of policy rate cuts.

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