<ul><li>The government aims to reduce the fiscal deficit to 4.5% of the GDP by fiscal year 2026, according to the Finance Ministry.</li><li>The focus will be on improving the quality of public spending and strengthening the social security net for the poor and needy.</li><li>The Finance Minister is scheduled to present the Budget for 2025-26 on February 1.</li><li>India's sound macro-economic fundamentals have helped the country sustain economic growth amidst global uncertainties.</li></ul>

India Aims To Cut Fiscal Deficit To 4.5% Of GDP By FY26, Says Finance Ministry

Discover more