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Debt-to-GDP Ratio - primary fiscal anchor
February 8 , 2025
13 hrs 0 min
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- The Union Budget has outlined a plan to reduce the central government's debt-to-GDP ratio to 50 per cent by 2031.
- It was marking a significant shift from a qualitative goal to a specific, measurable target.
- The debt-to-GDP ratio is a widely accepted indicator of a country's fiscal health.
- India's central government debt-to-GDP ratio presents a healthy range.
- Compared to its G7 counterparts, India's debt-to-GDP ratio is remarkably low, except for Canada and Germany.
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