Fiscal deficit target pegged at 4.4% for 2025-26

India targets fiscal deficit at 4.4% for 2025-26, sets path to bring down debt
The Indian government will target a narrower fiscal deficit of 4.4% of gross domestic product for fiscal year 2025-26, down from a revised 4.8% for the current year, Finance Minister Nirmala Sitharaman said in the budget on Saturday.
Fiscal deficit target cut to 4.4% for FY26
MUMBAI: The budget has pegged fiscal deficit, which is the quantum of government borrowings, for the next fiscal at 4.4% and the same for the current fiscal retained at 4.8%. Finance minister Nirmala Sitharaman plans to lower debt as a percentage of GDP from FY27.
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Govt betters its fiscal deficit target to 4.8 pc this fiscal; pegs 4.4 pc for FY26
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Finance Minister Nirmala Sitharaman set the fiscal deficit target for 2025-26 at 4.4%, aligning with the government's commitment to reduce the budget gap below 4.5% by 2026. The current fiscal deficit target has been revised to 4.
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