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Fiscal deficit in H1 at 29.4% of full-year target, says govt data
Millennium Post Delhi
|New Delhi 31October2024
The deficit stood at 39.3 per cent of the Budget Estimates (BE) in the corresponding period of 2023-24
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The Centre's fiscal deficit at the end of the first half of financial year FY25 touched 29.4 per cent of the full-year target, government data showed on Wednesday.
In absolute terms, fiscal deficit -- the gap between government's expenditure and revenue -- was at Rs 4,74,520 crore at September-end, according to data released by the Controller General of Accounts (CGA).
The deficit stood at 39.3 per cent of the Budget Estimates (BE) in the corresponding period of 2023-24.
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