India Aims for Debt-to-GDP Ratio of 50% by 2030

The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman, forecasts a debt-to-GDP ratio of 50% by 2030-31, demonstrating the government's commitment to fiscal prudence while maintaining necessary social expenditures. The fiscal deficit is expected to decrease to 4.3% of GDP by 2026-27. Significant focus is placed on managing debt through systematic deficit reduction and strategic public expenditures.

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