April-February fiscal deficit at 134% of target


New Delhi, March 29 (IANS): India's budgetary fiscal deficit for April-February 2018-19 period reached 134.2 per cent or Rs 8.51 lakh crore of the target at Rs 6.34 lakh crore, official data showed on Tuesday.

The Controller General of Accounts (CGA) data showed the fiscal deficit during the corresponding 11 months of the previous fiscal was 120.3 per cent of that year's target.

Till February, the government's total expenditure stood at Rs 21.88 lakh crore (89.1 per cent of the budget estimates) and total receipts were Rs 13.37 lakh crore (73.4 per cent of the budget estimates).

In the same period of 2017-18, it was 79.1 per cent of budgeted estimates received.

  

Top Stories


Leave a Comment

Title: April-February fiscal deficit at 134% 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.