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Budget numbers: The economic fallout of war and macroeconomic stability

By: Chakraborty, Pinaki and Nagpal, Resham.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 61(14), Apr 4, 2026: p.72-75. In: Economic & Political WeeklySummary: The economic fallout of war in Iran on the Indian economy can derail fiscal consolidation, increase debt, and reduce fiscal space for discretionary development spending. As we move to the new fiscal year, ensuring fiscal sustainability and the stability of inflation will emerge as key challenges in macroeconomic management. Given the economic uncertainty the war has imposed, the 2026–27 budget numbers are, at best, indicative. –Reproduced https://www.epw.in/journal/2026/14/budget-2026-27/budget-numbers.html
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Articles Articles Indian Institute of Public Administration
61(14), Apr 4, 2026: p.72-75 Available AR138736

The economic fallout of war in Iran on the Indian economy can derail fiscal consolidation, increase debt, and reduce fiscal space for discretionary development spending. As we move to the new fiscal year, ensuring fiscal sustainability and the stability of inflation will emerge as key challenges in macroeconomic management. Given the economic uncertainty the war has imposed, the 2026–27 budget numbers are, at best, indicative. –Reproduced

https://www.epw.in/journal/2026/14/budget-2026-27/budget-numbers.html

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