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Govt Aims to Reduce Debt-to-GDP Ratio to 50% by 2031: MOS Finance Pankaj Chaudhury

The government has outlined a roadmap to reduce its debt-to-GDP ratio to around 50 per cent by 2031, Minister of State for Finance, Pankaj Chaudhary, informed the Lok Sabha on Monday, asserting that the government would endeavor to keep the fiscal deficit in check to ensure the central government's debt remains on a declining path.