Paring Debt Is Obvious Way To Cut Fiscal Deficit, But You Need To Borrow, Says Sitharaman I Exclusive

In the current fiscal, the Union government remains committed to its path of fiscal consolidation, targeting a fiscal deficit of 4.9% of GDP. Finance Minister Nirmala Sitharaman emphasised that while achieving a specific deficit number is crucial, it is not the sole focus.She highlighted that merely reducing debt is a viable route to managing fiscal deficit, but it has its limitations."Reducing the debt is an obvious route for any co...