31/03/2026
Guest lecture on Indian Budget
Prof. Simaran from the Commerce Department delivered a guest lecture on the Indian budget, highlighting key allocations and implications. The defence sector receives the second-largest allocation (₹622,000 crore), followed by infrastructure (₹538,000 crore), while interest payments account for 24% of total expenditure (₹1,162,940 crore). GST is the major revenue source, and the budget's heavy reliance on borrowings raises concerns about fiscal management. The absence of manufacturing sector allocation raises concerns about industrial growth and employment. The lecture emphasized the budget's focus on debt management, defence, and infrastructure, and the need for careful fiscal management .