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Govt to achieve fiscal deficit target of  4.4 pc in FY26,...

The Indian government is expected to meet its fiscal deficit target of 4.4% of GDP for FY26, despite a recent downward revision of nominal GDP growth from 10.1% to 8%. Analysts indicate that the government's fiscal position remains strong, reassuring global investors about its commitment to fiscal management.

Govt to achieve fiscal deficit target of  4.4 pc in FY26,...

Credit: Dailyexcelsior

Key Highlights

  • Fiscal deficit target for FY26 set at 4.4% of GDP.
  • Nominal GDP growth forecast revised from 10.1% to 8%.
  • Analysts express confidence in the government's ability to meet fiscal targets.
  • Strong fiscal discipline is a positive signal for global investors.
  • Absolute figures of GDP remain aligned with budget estimates.
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Sources

  1. Why A Lower GDP Forecast Isn’t Hurting India’s Fiscal Plans
  2. Govt to achieve fiscal deficit target of  4.4 pc in FY26,...

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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