09-May-2025
Economy News
 
No question of fiscal deficit going out of control: FM Nirmala Sitharaman
22-Apr-2025

The government’s debt is being managed well and the fiscal deficit will not slip out of control, Union Finance Minister Nirmala Sitharaman said on Sunday during an interaction with the Indian diaspora in San Francisco. “There is just no question of the fiscal deficit going out of control. If anything, the glide path that was given is being followed very sincerely. This year, in the RE (revised estimates for FY25), we said we would touch 4.8 (per cent of gross domestic product, or GDP).

News Source:- https://www.business-standard.com/finance/news/no-question-of-fiscal-deficit-going-out-of-control-fm-nirmala-sitharaman-125042101121_1.html