Finance Minister Nirmala Sitharaman lauded the current government’s fiscal management, contrasting it with the UPA’s tenure despite COVID-19 challenges. She noted a lower debt increase from FY14 to FY24 compared to the UPA era, emphasizing gradual fiscal consolidation efforts. Sitharaman highlighted a reduction in the fiscal deficit from FY21 to FY24, indicating a balanced approach post-pandemic. The interim budget forecasts a further decline in fiscal deficit for FY25. Criticizing the UPA, she pointed out consistent high deficits during their tenure.