India’s Fiscal Deficit Hits ₹7.1 Lakh Crore In April-August, Reaches Nearly 42% Of FY27 Target
New Delhi: India’s fiscal deficit widened to Rs 7.1 lakh crore during the April-August period of FY27, reaching 41.9 percent of the government’s full-year Budget target, according to data released by the Controller General of Accounts (CGA) on Wednesday. The Centre has budgeted a fiscal deficit of Rs 16.96 lakh crore for FY27, equivalent to 4.3 percent of the country’s gross domestic product…
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