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Centre committed to reducing fiscal deficit, national debt to be capped at 50% of GDP by 2030: FM Sitharaman

News Desk26 Oct 2026 2 min read

Finance Minister Nirmala Sitharaman said the Centre remains committed to reducing the fiscal deficit and aims to cap national debt at 50% of GDP by 2030. She also highl…

Finance Minister Nirmala Sitharaman said the Centre remains committed to reducing the fiscal deficit and aims to cap national debt at 50% of GDP by 2030. She also highlighted measures to control inflation and protect consumers from price shocks.

Why this matters

Regulatory and legal changes affect how businesses file, pay and stay compliant. Even small amendments can change deadlines, disclosures or penalties, so it pays to understand the context before acting.

What to watch

Track the official notification or judgment for exact wording and effective dates. If your business is directly affected, review your filings, contracts and internal timelines with a qualified professional.

Disclaimer

This is general information for awareness only, not legal, tax or investment advice. For guidance on your specific situation, speak to a qualified professional.

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