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SBI report predicts India's fiscal deficit could fall to 4% of GDP with steady economic growth.
SBI Funds report projects that India's fiscal deficit could drop to 4% of GDP in the next financial year if it maintains a 10.5% annual growth rate.
By March 2031, the government's debt is forecast to decline to 50-51%.
The report suggests this growth can balance economic expansion with fiscal stability without cutting spending aggressively, aligning with goals for better credit ratings and financial health.
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El informe SBI predice que el déficit fiscal de la India podría caer al 4% del PIB con un crecimiento económico constante.