India, Feb. 1 -- The Government of India has issued a release:
While presenting the Union Budget 2026-27in Parliament today, Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman stated, "Government has been delivering onfiscal commitments consistently without compromising on social needs." In line with this, the debt-to-GDP ratio is estimated to be 55.6 percent of GDP in BE 2026-27, compared to 56.1 percent of GDP in RE 2025-26. A declining debt-to-GDP ratio will gradually free up resources for priority sectorexpenditure by reducing the outgo on interest payments.
Fiscal Deficit
While speaking about Fiscal deficit, one of the main operational instruments for debt targeting, Smt. Sitharaman informedthe parliament tha ...