Finance minister of India. She has overseen a programme of fiscal consolidation that cut the budget deficit from 9.2% of GDP in fiscal 2021 towards a target of 4.4% for fiscal 2026. She has pledged to simplify India's tariff regime, calling customs "my next big cleaning-up assignment". The government plans to switch from a deficit-based fiscal target to a debt-to-GDP ratio, aiming to reduce it to 50% by 2031 from around 56%.
bozone, n.: The substance surrounding stupid people that stops bright ideas from penetrating. The bozone layer, unfortunately, shows little sign of breaking down in the near future.