Question
As part of its medium-term fiscal consolidation strategy
outlined in the Union Budget 2026–27, the Central Government has indicated a target for reducing its total outstanding liabilities relative to GDP over the coming years. According to this stated fiscal roadmap, the government aims to bring down its outstanding liabilities to approximately what level (as a percentage of GDP) by March 2031?Solution
The government has set a medium-term debt target of around 50% of GDP by March 2031 as part of fiscal consolidation efforts. For 2026–27, liabilities are estimated at about 55.6% of GDP The target implies a gradual reduction in debt burden over time This reflects an attempt to ensure debt sustainability while supporting growth.
The following table shows the distribution of number of candidates who appeared for SSC entrance examination out of total candidates appeared and candid...
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