Chicago, Aug. 30 -- Union Finance Minister Nirmala Sitharaman stated that the central government has adhered to its fiscal consolidation roadmap and successfully achieved its fiscal deficit targets set for the 2025-26 period.

India's fiscal deficit stood at 4.4 per cent of the gross domestic product (GDP) for the year ended March 31, 2026. The deficit was at 15.19 trillion rupees or 97.5% of the government's revised estimates presented in February.

Addressing the Indian diaspora in Chicago, the Finance Minister addressed concerns regarding government borrowing and debt levels while outlining the nation's economic targets.

"We have given ourselves a fiscal discipline path on the fiscal deficit as well. We have fulfilled the trajectory. ...