New Delhi, Aug. 30 -- India has met the fiscal consolidation trajectory set for 2025-26 and will work towards bringing the government's borrowing down to 50% of gross domestic product (GDP) by 2030, said Union finance minister Nirmala Sitharaman on Sunday in the US.

Speaking to members of the Indian diaspora in Chicago during her official visit to the US, Sitharaman said the government stayed on its planned path of fiscal discipline, with the country's fiscal deficit at 4.4% of GDP in 2025-26.

"We have given ourselves a fiscal discipline path on the fiscal deficit as well. We have fulfilled the trajectory. The last mile that had to be reached by 2025-26, we have reached," she said.

She said the government had set a target of bringing b...