Union Budget 2026: A Blueprint for Sustainable Growth

As the nation eagerly anticipates Union Budget 2026, the discourse around economic policy intensifies. What will it take to not only maintain but accelerate India’s growth trajectory? According to Dr. (CA) Sharad Kohli, a renowned Economist & Finance Expert, the answer lies in a judicious blend of pragmatic reforms and disciplined governance.

Dr. Kohli emphasizes several critical areas that the upcoming budget must address to sustain economic momentum. First and foremost, he advocates for pragmatic tax simplification. A streamlined tax regime reduces compliance burdens for businesses and individuals alike, fostering a more conducive environment for economic activity and investment.

Equally vital are investor-friendly reforms. Attracting domestic and international capital is crucial for funding infrastructure projects, boosting manufacturing, and creating jobs. This requires clear, consistent policies that instill confidence and reduce regulatory hurdles.

The backbone of the Indian economy, the MSME sector, also needs significant attention. Dr. Kohli calls for targeted MSME relief, which could include easier access to credit, technological upgrades, and market linkages. Empowering MSMEs translates directly into job creation and robust grassroots economic development.

Finally, and perhaps most crucially, is the commitment to steady fiscal discipline. While growth is paramount, it must be achieved responsibly. Maintaining a healthy fiscal deficit ensures macroeconomic stability, keeps inflation in check, and builds a strong foundation for future prosperity.

In essence, Dr. Kohli’s vision for Budget 2026 is clear: incremental yet impactful reforms, coupled with a disciplined approach to public finance and a focus on key growth drivers, will be the keys to unlocking India’s full economic potential. It’s about building a resilient, equitable, and sustainably growing economy for all.

Source: Original Article