Fiscal Consolidation Achieves 4.3% Deficit Target
Finance Minister Nirmala Sitharaman presented Budget Estimates for 2026–27 emphasizing sustained fiscal consolidation alongside robust economic growth. The government’s prudent approach balances expenditure support with declining debt metrics, reinforcing macroeconomic stability. Improved Debt-to-GDP Trajectory The debt-to-GDP ratio improves to 55.6% in Budget Estimates 2026–27 from 56.1% in Revised Estimates 2025–26.