Screening Paper I · 3 Indian & AP Economy and Planning · APPSC Group 1

3.4.6 Union Budget and Economic Survey notes

6 notes, in reading order.

  1. 3.4.6.1Union Budget 2025-26: fiscal numbers and tax changes

    Budget 2025-26 cut the fiscal deficit target to 4.4% of GDP, kept capital spending high, announced a move to a debt-to-GDP anchor, and made income up to Rs 12 lakh tax-free under the new regime.

    Advanced · 5 min · Full course
  2. 3.4.6.2Union Budget 2025-26: sector announcements and new missions

    Budget 2025-26 announced missions for agriculture, manufacturing, nuclear power, shipping and cities, wider MSME definitions, and 100% FDI in insurance for companies that invest the premium in India.

    Advanced · 6 min · Full course
  3. 3.4.6.3Economic Survey 2024-25: key themes and figures

    The Economic Survey 2024-25 projected 6.3-6.8% real GDP growth for 2025-26 and argued that deregulation and ease of doing business are the main levers for growing at about 8% a year to reach Viksit Bharat by 2047.

    Advanced · 4 min · Full course
  4. 3.4.6.4Union Budget 2026-27: fiscal numbers and tax changes

    Budget 2026-27 lowered the fiscal deficit target to 4.3% of GDP, raised capital expenditure to about Rs 12.2 lakh crore, and made no change to income-tax rates, with the debt anchor now guiding the fiscal path.

    Advanced · 5 min · Full course
  5. 3.4.6.5Union Budget 2026-27: sector announcements and new missions

    Budget 2026-27 focused on financial-sector reform, bond-market depth and regional development; Andhra Pradesh links the Union's Purvodaya plan for eastern India to its East Coast Industrial Corridor.

    Advanced · 5 min · Full course
  6. 3.4.6.6Economic Survey 2025-26: key themes and figures

    The Economic Survey 2025-26 (January 2026) reports record foodgrain output, reserves above US$ 700 billion, a low current account deficit, and consumption and investment shares that support growth.

    Advanced · 4 min · Full course

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