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    <title>INDIA ON TRACK TO REACH DEBT-TO-GDP RATIO OF 50±1 PERCENT BY 2030-31</title>
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    <description>The document projects a debt-to-GDP ratio target of 50 1 percent by 2030-31, estimates the ratio at 55.6 percent in BE 2026-27 and 56.1 percent in RE 2025-26, and sets a fiscal deficit path of 4.4 percent of GDP in RE 2025-26 and 4.3 percent in BE 2026-27. It states RE and BE figures for non-debt receipts and total expenditure, capital expenditure levels, Centre&#039;s net tax receipts, and market borrowing requirements including net dated-securities borrowings of Rs.11.7 lakh crore and gross borrowings of Rs.17.2 lakh crore.</description>
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      <description>The document projects a debt-to-GDP ratio target of 50 1 percent by 2030-31, estimates the ratio at 55.6 percent in BE 2026-27 and 56.1 percent in RE 2025-26, and sets a fiscal deficit path of 4.4 percent of GDP in RE 2025-26 and 4.3 percent in BE 2026-27. It states RE and BE figures for non-debt receipts and total expenditure, capital expenditure levels, Centre&#039;s net tax receipts, and market borrowing requirements including net dated-securities borrowings of Rs.11.7 lakh crore and gross borrowings of Rs.17.2 lakh crore.</description>
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