Why pruning general debt to 66% of GDP over next 5 years looks unachievable

An RBI report says even in the best case scenario, general govt debt may not dip below 75% of GDPl and if there are events, it may in fact rise to 90% of GDP by 2026-27

While a recent Reserve Bank of India report wants the Central and state governments to reduce their debt to 66 per cent over the next five years from the current level of about 90 per cent to put India on a sustainable growth trajectory, the task remains daunting.

The report on Currency and Finance says,"... growth is at risk once general government debt exceeds a threshold of 66 per cent of GDP...  A medium term strategy of debt consolidation aimed at reducing debt to below 66 per cent of GDP over the next five years is, therefore, important to secure