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India’s Fiscal Policy Fiscal Deficit Target
4.3% of GDP.; The government aims to reduce the fiscal deficit to 4.3% of GDP in 2026–27.; Revenue deficit is projected at 1.5% of GDP in 2026–27, same as RE 2025–26.; The estimated debt-to-GDP ratio for the central government is 55.6%, down from 56.1% in RE 2025–26.; Gross Market Borrowings: ₹17.2 lakh crore.; Total Expenditure: ₹53.5 lakh crore.; Total Receipts excluding borrowings: ₹36.5 lakh crore.; Centre’s net…
Facts and figures for this syllabus heading.