Harsh Pati Singhania: Budget 2026 Balances Industry Growth With Fiscal Prudence

Harsh Pati Singhania, Past President of FICCI and CMD of JK Paper, provides a sophisticated breakdown of Budget 2026, framing it as a masterclass in economic balance. He highlights that while the ₹12 lakh crore Capex allocation was expected, its execution remains a powerful signal of continuity. Unlike many global peers struggling with debt, Singhania notes that India stands as a "shining example" of a major economy that successfully marries high-speed growth with strict fiscal prudence. By consistently bringing down the debt-to-GDP ratio, the government is securing India’s financial future on the world stage.