The Finance Minister announced that India's Fiscal deficit retained at 4.3% of GDP for FY27. Finance Minister sets debt to GDP ratio for FY27 at 55.6 percent in Budget. Gross market borrowing estimated at 17.2 lakh crore, higher than estimates.
Gross borrowing for FY27 proposed at Rs 17.2 trillion compared to compared to Rs 14.8 trillion in FY26. Net borrowing for FY27 pegged at Rs 11.7 trillion, a small rise from Rs 11.2 trillion in FY26.