Nominal GDP pegged at 10.5%-11% for FY27, fiscal deficit seen at 4.2%: Report

An SBI report projects nominal GDP growth at 10.5-11% for FY27, with the fiscal deficit estimated at 4.2%. Capital expenditure is expected to surpass ₹12 lakh crore. The report also highlights the need for better expenditure planning and suggests states adopt medium-term debt paths aligned with growth needs.