Question
What is the estimated fiscal deficit target for FY
2025β26 as announced in the Union Budget 2025β26? ΒSolution
Explanation: The government aims to reduce the fiscal deficit to 4.4% of GDP in FY 2025β26, down from 4.8% in FY 2024β25, as part of its medium-term fiscal consolidation roadmap under the FRBM framework. 
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