Economy #fiscal consolidation#fiscal deficit
India Achieves FY26 Fiscal Deficit Target of 4.4% of GDP
India has successfully met its fiscal deficit target of 4.4% of GDP for FY26, as per the Controller General of Accounts. This marks a significant improvement from the previous year's deficit of 4.8%. The achievement is attributed to effective fiscal management despite moderate tax buoyancy.
Jun 2, 2026 1 source