# Government warns global shocks strain fiscal management 2026-08-07T05:50:57+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet The government has told a parliamentary finance panel that global pressures are making fiscal management harder, as the West Asia crisis drives up fertiliser and fuel bills. Higher subsidies are expected to increase expenditure, particularly revenue spending. The Department of Economic Affairs said committed costs such as salaries, subsidies and interest payments leave the Centre and states with less room for productive investment. Officials also warned that stagnant capital expenditure could affect future growth. At the same time, the government said it would keep investing in infrastructure and other assets while maintaining its fiscal glide path, or planned path towards tighter fiscal control. ## Coverage - timesofindia.indiatimes.com Tags: capital expenditure, fiscal policy, government finances, subsidies, West Asia crisis Canonical: https://indianopinion.org/government-warns-global-shocks-strain-fiscal-management/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/government-warns-global-shocks-strain-fiscal-management/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.