'India’s debt-to-GDP ratio lowest among major economies': FM Sitharaman sees fiscal space, hints at rate cut

Apr 6, 2026 - 19:00
'India’s debt-to-GDP ratio lowest among major economies': FM Sitharaman sees fiscal space, hints at rate cut

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Finance Minister Nirmala Sitharaman highlighted India's strong debt management, with an 81% debt-to-GDP ratio, positioning it favorably among major economies amidst global economic volatility. The ongoing Middle East conflict poses a systemic threat to global energy, impacting supply chains and economic stability, while the RBI's MPC begins deliberations amid inflation concerns.

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