Answer-In its latest Fiscal Monitor report, the IMF showed that India’s combined debt-to-GDP ratio (C...

In its latest Fiscal Monitor report, the IMF showed that Indias combined debt-to-GDP ratio Centre plus states will rise to 83.2 per cent in FY24 and will hit a high of 83.8 per cent in FY27 before it starts to moderate. The IMF projected that Indias combined fiscal deficit Centre states, which hit a high of 12.9 per cent in FY21 will continue to moderate to touch 7.6 per cent in FY29.