New Delhi, Feb. 1 -- The Government remains committed to fiscal discipline while addressing social priorities, Finance Minister Nirmala Sitharaman said while presenting the union Budget for 2026-27 in Parliament on Sunday.
"Our government has been delivering on fiscal commitments consistently without compromising on social needs," she said.
She said that in line with this, the debt-to-GDP ratio was estimated to be 55.6 per cent of GDP in BE 2026-27, compared to 56.1 per cent in RE 2025-26. A declining debt-to-GDP ratio will gradually free up resources for priority sector expenditure by reducing the outgo on interest payments.
While speaking about the fiscal deficit, one of the main operational instruments for debt targeting, Sitharaman s...