BUDGET: Centre to cut debt-to-GDP ratio to 50% by FY31 vs 57.1% in FY25

BUDGET: Centre to cut debt-to-GDP ratio to 50% by FY31 vs 57.1% in FY25

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BUDGET

Centre to cut debt-to-GDP ratio to 50% by FY31 vs 57.1% in FY25

The Indian government aims to lower its debt-to-GDP ratio to 50% by March 2031, with a band of 100 basis points on either side.

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