India's April-Jan fiscal deficit at 121% of target


New Delhi, Feb 26 (IANS): India's budgetary fiscal deficit for April-January at Rs 7.70 lakh crore has touched 121.5 per cent of the budgeted target of Rs 6.34 lakh crore, official data showed here on Tuesday.

The Controller General of Accounts (CGA) data showed the fiscal deficit during the corresponding 10 months of the previous fiscal was 113.7 per cent of that year's target.

Till January, the government's total expenditure stood at Rs 20.01 lakh crore (81.5 per cent of the budget estimates), while the total receipts were Rs 12.30 lakh crore (67.5 per cent of the budget estimates).

In the same period in 2017-18, it was 71.7 per cent of budgeted estimates received.

  

Top Stories


Leave a Comment

Title: India's April-Jan fiscal deficit at 121% of target



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.