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April-May fiscal deficit down as non-tax revenue grows
Hindustan Times Noida
|July 01, 2025
THE CUMULATIVE FISCAL DEFICIT AT 0.8% OF THE FULL-YEAR TARGET IS THE LOWEST LEVEL SINCE 1997
NEW DELHI: India's fiscal deficit staged a marked improvement in the first two months of 2025-26, helped by strong growth in non-tax revenue even as the government's capital expenditure spending increased.
The Union government reported a fiscal deficit of ₹13,163 crore for April-May, amounting to 0.8% of the target for the whole of 2025-26, according to data released Monday by the Controller General of Accounts. For the same period last year, the fiscal deficit was ₹50,615 crore.
India's cumulative fiscal deficit at 0.8% of the full-year target is the lowest level since the Centre began publishing monthly fiscal data in April 1997.
Cette histoire est tirée de l'édition July 01, 2025 de Hindustan Times Noida.
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