NEW DELHI: Initiating a discussion on Budget 2026-27 in the Rajya Sabha on Monday Congress' P Chidambaram attacked govt for cutting capital expenditure in 2025-26. "This is a forgettable budget... which has been prepared by a finance minister who forgot the promises made by her in this House last year," the former finance minister said.Chidambaram pointed out that the nominal growth rate in 2023-2024 was 12%, but reduced to 9.8% in the past fiscal year. Private investment, although the companies are cash rich, is stuck at 22% of the GDP," Chidambaram said.
Author: TNN
Published at: 2026-02-09 21:00:14
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