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Fiscal deficit in H1 stood at 36.5% of full-year target
Business Standard
|November 01, 2025
TheCentre's fiscal deficit forthe firsthalf (April-September) of 2025-26 (H1FY26) stood at 36.5 per cent of the full-year target, despite muted growth in tax revenues anda sharp uptick in devolution to states.
During the same period last year, the fiscal deficit was 29.4 percent of the full-year target, owing to a general electionled slowdown in capital expenditure (capex), data released by the Controller General of Accounts showed.
In HiFY26, capex grew at a robust 40 percent, exhausting more than half (51.8 per cent) of the %11.2 trillion full-year target, compared with 37.3 percent spent during the same period a year ago.
Revenue expenditure, however, stood at 43,7 per cent of the FY26 target, compared with 45,7 per cent during the same period in the preceding year.
This story is from the November 01, 2025 edition of Business Standard.
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