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India's April-July fiscal deficit at 26.8% of 2026/27 target

NEW DELHI: India’s fiscal deficit in the months of April-July stood at 4.55 trillion rupees ($47.81 billion), or 26.8% of the target for the financial year ending March 31, government data showed on Monday. The deficit in the same period last year stood at 4.7 trillion rupees. India has set its fiscal deficit target for the financial year 2027 at 4.3% of the GDP, or 16.96 trillion rupees. Net tax…

India's April-July fiscal deficit at 26.8% of 2026/27 target

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