Budget 2025 in graphics: With FY26 fiscal target in sight, a new roadmap is now expected
The government is on track to achieve its fiscal deficit target of under 4.5% of GDP by FY26, successfully navigating the challenges posed by the Covid-19 pandemic. With debt set to become the new fiscal policy anchor starting FY27, further detail...
India Budget: The government is on course to meet its fiscal deficit goal of less than 4.5% of GDP in FY26, having overcome the Covid-19 pandemic blow. With debt proposed as the new fiscal policy anchor from FY27, it is expected the govt could announce more details of a new consolidation framework.
A look at the fiscal situation ahead of the budget:
WITH THE FY26 TARGET IN SIGHT, A NEW ROADMAP IS NOW EXPECTED
Debt ratio, not fiscal deficit, to be new fiscal policy anchor from FY27
Govt says it will target sustained cut in debt ratio
Annual fiscal deficit target may be kept in a band
Railways uses 30% of capex budget in April-May
