India's 2026 Union Budget was a pragmatic attempt at "reform by rhetoric": Subhash Garg

Subhash Garg, former finance secretary of India, says that India's FY2026-2027 Union Budget was pragmatic given the government's fiscal constraints, and that they are trying to foster positive market sentiment through their messaging. He also discusses why he finds it understandable that foreign institutional investors might not completely buy into the narrative of India's strong GDP growth rate.