New Delhi

Finance Minister Nirmala Sitharaman on Tuesday exuded confidence that the government will meet the fiscal deficit target of 4.4% of the GDP for the year ending March 2026. The Union Budget had pegged the fiscal deficit at Rs 15.69 lakh crore, or 4.4%, of the GDP in 2025-26 against 4.8% in 2024-25.

Sitharaman was interacting with students during a Q&A session after delivering the Diamond Jubilee Valedictory Lecture at the Delhi School of Economics (DSE) here. “God willing and with every strength and support the Prime Minister gives me, we will be able to meet that fiscal deficit number...That’s a commitment made in Parliament, and it’s my duty to abide by it,” Sitharaman said.

The Centre’s fiscal deficit stood at 36.5% of the full-year target at the end of the first half of FY2

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