The Union Budget 2026-27 estimates the fiscal deficit at what share of GDP?

Explanation

1. 01

   The Budget Estimate for 2026-27 is 4.3 per cent of GDP

2. 02

   The Revised Estimate for 2025-26 was 4.4 per cent, the same as that year's Budget Estimate, so a paper can ask for either year and the two figures are close enough to be worth separating

3. 03

   The 55.6 per cent figure in this area is the debt-to-GDP ratio, which is a stock and not a yearly flow