New Delhi, Feb. 1 -- Senior Congress leader P Chidambaram on Sunday raised concerns over the Union Budget 2026, questioning the government's approach to trade, investment, and defence expenditure.

In an exclusive interview with ANI, he said, "There is a tariff threat. There is a penal tariff in India. What is she doing about it? Why has she not even mentioned it in the budget? Have they mentioned the penal tariffs imposed on the United States? The growing trade deficit, especially with China? The low gross fixed capital formation and the private sector's reluctance to invest in India? The uncertain outlook for FDI flows and persistent portfolio investment outflows."

Senior Congress leader added, "These are questions which should be addr...