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GOVT DEBT IS PROJECTED TO DECLINE T071% OF GDP BY FY 2035: REPORT
The Business Guardian
|October 11, 2025
From the currently estimated 81 per cent of GDP to about 77 per cent by FY31and further to 71 per cent by FY35.
India’s general government debt is expected to moderate steadily over the next decade, declining from the current 81 per cent of GDP to about 77 per cent by FY31and further to 71 per cent by FY35, according to a report released by CareEdge Ratings.
The report highlighted that amid the global landscape of rising government debt, India is projected to follow a path of fiscal consolidation, supported by sustained GDP growth and prudent fiscal management by the Centre.
This story is from the October 11, 2025 edition of The Business Guardian.
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