Will Budget 2026 solve your problems?

5 months ago 69

The Union Budget has been presented, and the reaction has been decidedly muted—even cold. Markets have responded with a sharp decline, with the Nifty plunging below 25,000 and the Sensex crashing over 1,600 points. The Finance Minister outlined that the budget is guided by three key responsibilities—with a pronounced focus on Yuvashakti.. However, a deeper look suggests a recurring theme: over the years, budgets have consistently favored corporate interests, often at the expense of other sectors. For the past two years, we’ve been witnessing the real-world fallout of this imbalance. Individual taxpayers have shouldered an increasing share of the revenue burden, contributing 21% of government revenue this year, compared to corporates at 18%. Yet, despite corporate-friendly measures in the budget, markets remain dissatisfied. Why is that? Headlines are dominated by the announcement of ₹12.2 lakh crore in capital expenditure—up from last year’s ₹11.2 lakh crore. In theory, capex-driven growth should fuel infrastructure, attract private investment, and generate jobs. But if this correlation is so strong, why haven’t we seen a significant rise in employment or visible infrastructure expansion in recent years? Where is all that money really going? In this video, we break down the disconnect between Budget policy promises and ground realities, explore who truly benefits from the budget, and ask the critical question: Is India’s growth model delivering for its people—or only for its balance sheets? Join The Wire's Youtube Membership and get exclusive content, member-only emojis, live interaction with The Wire's founders, editors and reporters and much more. Memberships to The Wire Crew start at Rs 89/month. https://www.youtube.com/channel/UChWtJey46brNr7qHQpN6KLQ/join

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