Fiscal Deficit at 85.8% of Full-Year Target in Feb

Meanwhile, India's CAD Inched Up to $11.5 bn, or 1.1% of GDP, in Q3 FY25

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NEW DELHI: The Centre's fiscal deficit touched 85.8 per cent of the annual target by the end of February 2025, according to the data released by the Controller General of Accounts (CGA) on Friday. In actual terms, the fiscal deficit—the gap between expenditure and revenue—was Rs 13,46,852 crore during the April-February 2024-25 period.

The deficit was 86.5 per cent of revised estimates (RE) of 2023-24 in the year-ago period.

The CGA data showed that the central government's tax revenue (net) was Rs 20 lakh crore or 78.8 per cent of the RE of 2024-25. It was at 79.6 per cent during the corresponding year of the last financial year.