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The Economic Times

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Budget 2026: The annual money manual may focus on debt-to-GDP over fiscal deficit

India's Union Budget will prioritise reducing the debt-to-GDP ratio. This shift from fixed fiscal deficit numbers aligns with the revised FRBM Act. The government aims to bring the central government debt to GDP to around 501 per cent by March 2031. This strategy offers flexibility for growth-enhancing expenditures and fiscal transparency. The roadmap for the next six years is set.

30 Jan 2026 2:14 pm