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Government Does Not Foresee Revenue Shortfall: MoS Finance
Millennium Post Kolkata
|Kolkata 23 July 2025
Aims To Achieve Deficit Target
NEW DELHI: The Central government does not foresee any revenue shortfall at this stage and aims to achieve the targets fixed in the Budget Estimates for 2025-26, Minister of State for Finance Pankaj Chaudhary informed Parliament on Tuesday.
As per the Budget, the Centre has estimated the fiscal deficit for 2025-26 at 4.4 per cent of GDP, amounting to Rs 15.69 lakh crore.
In a written reply in the Rajya Sabha, the minister said the Central government supports state finances through Finance Commission grants, Centrally Sponsored Schemes, and Special Assistance as loans to states for capital expenditure.
Denne historien er fra Kolkata 23 July 2025-utgaven av Millennium Post Kolkata.
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