India fiscal consolidation

Centre Expected To Maintain Fiscal Consolidation In FY26, Sets 4.5% Fiscal Deficit Target: Report

The Centre is expected to continue its fiscal consolidation efforts in FY26, with a fiscal deficit target of 4.5 per cent of GDP, according to a report by Emkay Research. For FY25, the report noted that the fiscal deficit is estimated to track close to 4.7 per cent, while states...