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policy NCAER Monday, 4 May 2026 NEW

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
 
   
 
 
Key Facts
 
 
 Type Policy 
 
 Source National Council of Applied Economic Research 
 
 Published Monday, 4 May 2026 
 
 Affected Population 1.4 billion citizens, 63 million MSMEs 
 
 
 
 
Key Numbers
 
 
    GDP: $3.9 trillion (2025 est.) 
    Fiscal deficit target: 4.4% of GDP 
    GST collection: Rs 1.87 lakh crore/month avg 
    Agri budget: Rs 1.52 lakh crore (2025-26) 
 
 
 
  
 
 
Key Authorities
 
 Ministry of FinanceRBISEBIDEAMinistry of Agriculture & Farmers Welfare 
 
 
 
Key Stakeholders
 
 TaxpayersBanks & NBFCsInvestorsFarmersFPOsAgri-Input Industry 
 
 
 
Government Context
 
 
 NDA III BJP-led NDA 
 
 
 
  Centre-Right 
 
 
 Left Centre Right 
 
 
 
 
      
 
Explore Sectors
 
  Finance & Economy 212 tracked →  Agriculture 87 tracked →  
 
  
  
 
 
 
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