Union Budget 2026-27: CII Outlines 4-Point Strategy For Macroeconomic Stability

Union Budget 2026-27: CII Outlines 4-Point Strategy For Macroeconomic Stability
According to a CII statement, at the core of the roadmap is adherence to the government’s debt glide path targeting 50 per cent (plus or minus 1 per cent) of GDP by FY31. Maintaining Central debt at roughly 54.5 per cent of GDP and the fiscal deficit at 4.2 per cent of GDP in FY27 will preserve macro credibility while supporting growth.