India's debt-to-GDP ratio eases to 58.2% in FY26
India's debt-to-GDP ratio eased to 58.2% in FY26, down from 58.5% in FY25, indicating improved fiscal health, as reported by Minister of State for Finance Pankaj Chaudhary. The total debt of the Centre reached ₹201.17 lakh crore as of March 31, 2026, with a decline in the debt service ratio from 41.6% in 2020-21 to 37.6% in FY26, reflecting better revenue management. The government projects a debt burden of ₹228.27 lakh crore for FY27, with capital expenditure expected to exceed fresh debt receipts, supporting asset creation and infrastructure development.