Debt management: India must focus on sustained fiscal consolidation

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One of the highlights of the Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman last week, was the continuance of credible fiscal management.

The government aims to restrict the fiscal deficit to 4.8 per cent of gross domestic product (GDP) this financial year, improving upon the Budget Estimate of 4.9 per cent, despite lower than expected nominal GDP growth.

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Category: BusinessFinance

Markets: India

Topics: BS Opinion Business Standard Editorial Comment Budget 2025 Nirmala Sitharaman

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 22:08:21 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 78 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25892819

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