Budget 2026-27 may put stress on debt-to-GDP ratio management rather than fiscal deficit
The upcoming Budget is going to put emphasis on easing the debt-to-GDP ratio, which is around 56 per cent, instead of targetting a specific fiscal deficit number as the country has almost reached the end of the glide path envisaged in the FRBM legislation. A fiscal deficit of 3-4 per cent is considered comfortable and…

