India reaches fiscal deficit target for 2025-26, credit ratings improving: FM Sitharaman in US
India proudly announces the achievement of its fiscal deficit target for 2025-26, showcasing commendable fiscal discipline. With a clear vision, the government aspires to maintain a 50 percent debt-to-GDP ratio by 2030. This fiscal prudence was executed without compromising social welfare or infrastructure investment. Notably, smart arrangements and subsidies enabled the smooth supply of fertilisers. Meanwhile, India navigates the complex landscape of bilateral trade agreements, as multilateral efforts progress slowly.
