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Former Finance Minister P Chidambaram criticized India's 2026-27 budget for ignoring key economic challenges and lacking strategy.
Former Finance Minister P Chidambaram declined to comment on Rahul Gandhi’s claim that India’s economy is “dead,” citing lack of context.
Speaking after the Union Budget 2026-27 presentation, Chidambaram criticized the budget for lacking economic strategy and failing to address key challenges outlined in the Economic Survey 2025-26, including weak investment, rising trade deficits—especially with China—low capital formation, uncertain FDI inflows, high youth unemployment, deteriorating urban infrastructure, and a growing gap between official inflation and household costs.
He questioned whether the government had read the survey, accusing the Finance Minister of relying on vague rhetoric and acronyms instead of substantive policy.
El ex ministro de Finanzas P Chidambaram criticó el presupuesto 2026-27 de la India por ignorar los principales desafíos económicos y por carecer de estrategia.