Inflation Not a Major Concern, Says FM Sitharaman Post-Budget 2026

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News18•02-02-2026, 21:24
Inflation Not a Major Concern, Says FM Sitharaman Post-Budget 2026
- •Union Finance Minister Nirmala Sitharaman stated in an exclusive interview with Network18's Editor-in-Chief Rahul Joshi that inflation is not a major concern for the government currently.
- •The Budget 2026's main reform is a complete overhaul of customs duties, with further reforms to be introduced later.
- •Promoting investment in frontier areas and Research and Development (R&D) is a key government priority.
- •Sitharaman expects the inflation rate for FY 2026-27 to remain within the prescribed tolerance band, ensuring stability.
- •India's economic growth, with 8% GDP growth in the last two quarters, is impressive and sustainable with government stability and policies; foreign exchange reserves exceed $700 billion.
Why It Matters: FM Sitharaman assures inflation is under control, highlighting strong economic growth and customs duty reforms.
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