The Debt to GDP Ratio is a key economic indicator. It measures a country's total debt compared to its Gross Domestic Product. A high ratio may indicate financial trouble. It can affect a nation's credit rating. Governments use this ratio to assess fiscal health. In India, it influences policy decisions and economic planning. Understanding it is crucial for economic stability.
India’s fiscal framework is entering a decisive new phase. As Finance Minister Nirmala Sitharaman presents her ninth consecutive Union Budget, the Centre is set to formally shift the...
The Union Budget 2025-26 quietly signalled a significant shift in India’s fiscal philosophy. Buried in the Statement on the FRBM Framework was an acknowledgement that fiscal management will...
