Centre committed to reducing fiscal deficit, national debt to be capped at 50% of GDP by 2030: FM Sitharaman

Finance Minister Nirmala Sitharaman said the Centre remains committed to reducing the fiscal deficit and aims to cap national debt at 50% of GDP by 2030. She also highlighted measures to control inflation and protect consumers from price shocks.

According to the formal briefing communicated by Livemint Indian Economy & Policy, this announcement has been instituted to ensure enhanced transparency, efficiency, and public accessibility across civic and administrative operations. The issuing authority has instructed all affiliated directorates and nodal offices to adhere strictly to the notified procedural roadmap.

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