India Meets FY26 Fiscal Deficit Target at 4.4% of GDP
★ Must KnowIndia met its FY2025-26 fiscal deficit target of 4.4% of GDP, aided by prudent expenditure management and strong net tax receipts.
Fiscal DeficitGDPFRBM
India met its FY2025-26 fiscal deficit target of 4.4% of GDP, aided by prudent expenditure management and strong net tax receipts.
India revised the Index of Industrial Production (IIP) to a new base year of 2022-23, adding 120 new item groups; industrial output grew 4.9% in April.
