Fiscal Deficit Hits 91.3% Of Full Year Target In September
India reported fiscal deficit of Rs4.99 lakh crore for April-September or 91.3 per cent of the budgeted target for the current fiscal
Thomson Reuters | Last Updated: October 31, 2017 15:48 (IST) Thomson Reuters
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The deficit was 83.9 per cent of the full-year target during the same period a year ago.
New Delhi: India reported fiscal deficit of Rs4.99 lakh crore (77.09 billion) for April-September or 91.3 per cent of the budgeted target for the current fiscal year that ends in March 2018. The deficit was 83.9 per cent of the full-year target during the same period a year ago. Net tax receipts in the first six months of 2017/18 fiscal year were Rs5.42 lakh crore, government data showed on Tuesday.
