April-October fiscal deficit crosses full year target at Rs 6.49 trillion

The government has said it was confident of meeting its fiscal deficit target of 3.3% of GDP in FY19

Reuters 

India's April-October stood at Rs 6.49 trillion ($93.23 billion), or 103.9 per cent of the budgeted target for current fiscal year, data showed on Friday.

Net receipts in the first seven months of the fiscal year that ends in March 2019 were Rs 6.61 trillion, data showed.

The has said it was confident of meeting its target of 3.3 per cent of in the 2018/19 fiscal year.

First Published: Fri, November 30 2018. 17:38 IST