India Targets Debt-to-GDP Ratio of 55% in FY27: What It Means for the Economy
According to a government source who spoke to Business Standard, the Center is aiming to reduce the debt-to-GDP ratio from the predicted 56.1% for FY26 to about 54.5–55% in FY27. The action would indicate that budgetary consolidation would continue in the next fiscal year, albeit with a calibrated approach. Debt-to-GDP Ratio: FY27 Targets The source … Read more