Apr-Nov fiscal gap at 62.3% of FY26 estimate

THE CENTRE'S FISCAL POSITION IS SUPPORTED BY DIVIDEND PAYOUTS

- Rituraj Baruah

India’s fiscal deficit from April to November 2025 stood at ₹9.76 trillion or 62.3% of the budget estimate for 2025-26, showed data from the Controller General of Accounts (CGA).

Total receipts stood at ₹19.49 trillion, including revenue receipts of ₹19.10 trillion, while the government has spent ₹29.25 trillion.

In the previous fiscal, the deficit was lower at ₹8.5 trillion or 52.5% of the budget estimate in the same period.

Better-than-expected non-tax revenue collection of ₹5.16 trillion, or 88.6% of the full-year budget estimate, was achieved in the first eight months of FY26, cushioning the central government's finances. This was higher than the 4.27 trillion collected in the year-ago period.