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2024

India's fiscal deficit to decline to 4.5 pc in FY 26, anticipates economic survey

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New Delhi [India], July 22 (ANI): The fiscal deficit of the government is expected to drop to 4.5 per cent of GDP or lower by the financial year 2026, said the Economic survey tabled in Parliament on Monday.

"In its pursuit of fiscal consolidation through efficient and prudent fiscal management, the Government continues to stick to the fiscal glide path. The fiscal deficit of the Government is expected to drop to 4.5 per