Overview
- India's current account deficit stands at 0.6% of GDP for FY25, with reserves covering about 11.4 months of imports by June and described as not reliant on volatile inflows.
- Sitharaman said the Centre has lowered the pandemic‑widened fiscal deficit, but warned that many states' debt‑to‑GSDP is climbing and called for joint consolidation.
- She said the base year for GDP will be updated next year following scrutiny of national accounts and questions raised about measurement.
- The minister defended supplementary demands as necessary for responsiveness, noting the government now limits them to a maximum of two per year.
- Congress MP K. C. Venugopal flagged the rupee near 90 per dollar and cited IMF concerns over GDP data, while the minister pointed to 8.2% September‑quarter growth and recent sovereign rating upgrades.