Overview
- The finance minister said public sector bank balance sheets have strengthened compared with the twin balance sheet stress seen 7–8 years ago.
- She said policy measures have lifted 25 million people out of multi-dimensional poverty.
- She reiterated confidence in meeting the Centre’s FY26 fiscal deficit goal of 4.4% of GDP, or Rs 15.69 lakh crore.
- CGA data put the H1FY26 fiscal deficit at Rs 5,73,123 crore, representing 36.5% of the full-year Budget estimate versus 29% at the same point in FY25.
- According to the CGA, total receipts through September reached Rs 17,30,216 crore, including Rs 12,29,370 crore in net tax revenue, Rs 4,66,076 crore in non-tax revenue, and Rs 34,770 crore in non-debt capital receipts.