The Supreme Court’s February 2026 observations have fundamentally shifted the debate on election-time freebies. For years, political parties across states justified unconditional cash transfers and blanket subsidies as welfare. Now, the Chief Justice has drawn a sharp constitutional line
The Indian government has announced plans to borrow ₹8 lakh crore through market borrowings in the first half of the financial year 2025–26 (FY26). This accounts for 54% of the total gross borrowing target of ₹14.82 lakh crore for the full fiscal year. The borrowing is aimed at meeting expenditure needs while managing market liquidity […]
India’s fiscal deficit for the first nine months of the financial year 2024-25 reached ₹9.14 lakh crore, accounting for 56.7% of the annual target. The deficit widened compared to the same period in the previous fiscal year due to increased government expenditure on infrastructure, subsidies, and social welfare programs. “The fiscal deficit is the difference















