If growth is steady, why didn’t this Budget go further?

Nirmala Sitharaman’s ninth Budget rests on two sweeping bets. First, India has cracked the code for sustained 7%+ real GDP growth. Second, inflation will stay tame, hovering around 2% next year. These are framed not as one-off miracles, but as India’s new steady state. If they hold, India’s Goldilocks moment continues.