Fiscal deficit touches 112% of FY19 budget target at Rs 6.24 lakh crore during April-December
Fiscal deficit touches 112% of FY19 budget target at Rs 6.24 lakh crore during April-December
At the end of December 2017, the deficit was 113.6 per cent of the Budget Estimate (BE).
Fiscal deficit touched 112.4 per cent of the full-year budget target of Rs 6.24 lakh crore at the end of December on account of lower revenue collections, government data showed on Monday.
The fiscal deficit, or gap between Government's expenditure and revenue, stood at Rs 7.01 lakh crore during April-December of the current financial year which ends in March.
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Fiscal deficit touched 112.4 per cent of the full-year budget target of Rs 6.24 lakh crore at the end of December on account of lower revenue collections, government data showed on Monday.
The fiscal deficit, or gap between Government's expenditure and revenue, stood at Rs 7.01 lakh crore during April-December of the current financial year which ends in March.
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