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Fiscal deficit nears 75% of annual target
Millennium Post Delhi
|March 06, 2025
Reaches Rs 11.7 trillion in April-January
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NEW DELHI: India's fiscal deficit for April-January FY2025 widened to Rs 11.7 trillion, up from Rs 11.0 trillion in the same period a year earlier, reaching nearly 75 per cent of the revised full-year target, according to official data. Despite the increase, higher nominal GDP estimates could keep the fiscal deficit at 4.7 per cent of GDP, slightly below the revised projection of 4.8 per cent, according to an ICRA report.
This story is from the March 06, 2025 edition of Millennium Post Delhi.
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