Moody’s Ratings has stated that despite India’s efforts to maintain fiscal discipline and reduce the fiscal deficit, these measures are not sufficient for an immediate sovereign rating upgrade. The debt burden and high interest payments remain substantial challenges.
The government is set to reduce the debt-GDP ratio to 50 per cent by March 2031 from the current 57.1 per cent, with Finance Minister
The government will provide data and maps from the PM Gati Shakti portal to the private sector, enabling better infrastructure planning and optimization of logistics.
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