Highlights

Debt-to-GDP ratio targeted at 55.6% in FY27
Rs 5,000 crore allocated for CITY Economic Regions
Buddhist circuit and artificial limbs schemes launched

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Govt proposes to lower debt-to-GDP ratio to 55.6 pc in FY27: FM Sitharaman

Name: Govt proposes to lower debt-to-GDP ratio to 55.6 pc in FY27: FM Sitharaman
Uploaded: 2026-02-01T12:22:47.000+05:30
Duration: T00M56S
Channel: PTI
Description: Finance Minister Nirmala Sitharaman’s Budget 2026-27 aims to reduce debt-to-GDP ratio to 55.6%, fund CITY Economic Regions, preserve Buddhist circuit, and support artificial limbs production.

Finance Minister Nirmala Sitharaman’s Budget 2026-27 aims to reduce debt-to-GDP ratio to 55.6%, fund CITY Economic Regions, preserve Buddhist circuit, and support artificial limbs production.

Updated: Sep 02, 2022 10:53

PTI

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Govt proposes to lower debt-to-GDP ratio to 55.6 pc in FY27: FM Sitharaman

The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.

Presenting the Union Budget 2026-27, she said the Centre has allocated Rs 5,000 crore for CITY Economic Regions (CERs) over five years. She also said the government has accepted the recommendations of the 16th Finance Commission, retaining a 41 per cent tax devolution formula.

A scheme for development of the Buddhist circuit in the Northeast to preserve temples, monasteries will also be launched, the finance minister noted.

She also proposed to support Artificial Limbs Manufacturing Corporation of India to scale up production of assisted devises for divyangjan.

Frequently Asked Questions

What is the target debt-to-GDP ratio for FY27 as proposed in the Budget 2026-27?❯

The government has proposed to lower the debt-to-GDP ratio to 55.6 per cent in FY27.

How does the proposed debt-to-GDP ratio in FY27 compare to the current fiscal year?❯

What amount has been allocated for CITY Economic Regions over five years?❯

What is the aim of the scheme for the development of the Buddhist circuit in the Northeast?❯

What support does the budget propose for the Artificial Limbs Manufacturing Corporation of India?❯

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Govt proposes to lower debt-to-GDP ratio to 55.6 pc in FY27: FM Sitharaman

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