Budget 2026: Buoyant revenues offer room to sustain govt capex, push fiscal consolidation, says ICICI Bank report
- Posted on January 25, 2026
- By Business News Today
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Budget 2026: Buoyant revenues offer room to sustain govt capex, push fiscal consolidation, says ICICI Bank report
Buoyant revenue streams give the government room to keep capital expenditure spending steady, at about 3.1 per cent of GDP, while continuing on the path of fiscal consolidation, according to a pre-Budget report by ICICI Bank Global Markets.