Current Affairs · Union Budget 2026-27
Consider the following statements: Statement I: The infrastructure strategy in Union Budget 2026–27 is designed to crowd in private investment while maintaining fiscal prudence. Statement II: This is achieved through higher public capital expenditure, partial credit guarantees via the Infrastructure Risk Guarantee Fund, and asset monetisation mechanisms. Statement III: The Budget presumes that large public borrowing will not exert any upward pressure on bond yields or private credit availability. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement II and Statement III are correct and both of them explain Statement I
- 2Both Statement II and Statement III are correct but only one of them explains Statement I
- 3Only one of the Statements II and III is correct and that explains Statement I✓
- 4Neither Statement II nor Statement III is correct
Correct answer
Only one of the Statements II and III is correct and that explains Statement I
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