Try GOLD - Free
April-Jan fiscal deficit at ₹9.81 tn, 63% of full target
Mint New Delhi
|February 28, 2026
India’s fiscal deficit for April-January fiscal year 2026 (FY26) stood at ₹9.81 trillion, or 63% of the revised estimate (RE) for 2025-26, according to provisional data released by the Controller General of Accounts on Friday, indicating a contained fiscal position with two months left in the financial year.
The numbers suggest tighter fiscal management.
(ISTOCKPHOTO)
This compares with 74.5% of the full-year target utilised in the corresponding period last year, suggesting tighter fiscal management so far in FY26.
The deficit was driven by total expenditure of ₹36.90 trillion against total receipts of ₹27.09 trillion during the first 10 months of FY26.
The government has received ₹27.09 trillion, or 79.5% of the corresponding RE for total receipts.
This story is from the February 28, 2026 edition of Mint New Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint New Delhi
Mint New Delhi
Markets log best weekly gain in 5 yrs on war relief
US-Iran ceasefire stabilizes crude oil prices, triggers a rally across global equities
3 mins
April 11, 2026
Mint New Delhi
India Inc. ramps up checks to avoid sanctioned entity deals
A tightening global sanctions and tariff regime, led by the US, is pushing Indian firms to step up background checks before finalising transactions such as mergers and acquisitions, supply contracts, and trade deals.
3 mins
April 11, 2026
Mint New Delhi
ADRs shrink as India deepens global integration
It was past 10:30 at night in India when HDFC Bank announced that its part-time chairman Atanu Chakraborty had quit, triggering a scramble in New York where traders dumped its American Depositary Receipts (ADRs).
3 mins
April 11, 2026
Mint New Delhi
RBI proposes asset-based norms for upper-layer NBFCs
The central bank has also proposed to allow state-owned NBFCs to join the club
2 mins
April 11, 2026
Mint New Delhi
Kim Gordon takes aim at tech cults
LOW FIDELITY
4 mins
April 11, 2026
Mint New Delhi
E-way bills at record 140.6 mn in March
India’s electronic permits needed to transport goods within and across states crossed 140.6 million in March, its highest in the goods and services tax (GST) regime that was rolled out in July 2017.
1 min
April 11, 2026
Mint New Delhi
The tongue-in-cheek world of India's early poets
Among the earliest records of women’s voices in India is the Pali Therigatha from well over 2,000 years ago.
5 mins
April 11, 2026
Mint New Delhi
More than just cartoons
In a few weeks, we'll be in the midst of school summer holidays, and for parents, it’s the time to be at their creative best, finding ways and means of entertaining the offspring.
1 mins
April 11, 2026
Mint New Delhi
Jaiprakash bid process was tailor-made for Adani: Vedanta
Billionaire Anil Agarwal-led Vedanta
2 mins
April 11, 2026
Mint New Delhi
Chandrasekaran urges Air India to stay the course
Tata Sons chairman Natarajan Chandrasekaran has urged Air India employees to focus on execution amid industry-wide challenges, breaking his silence on developments at the airline after chief executive officer Campbell Wilson’s recent resignation.
2 mins
April 11, 2026
Listen
Translate
Change font size