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29
September 2017
 |
INR (The Total Investment & Insurance
Solutions)
India's April-August fiscal deficit
-- at Rs 5.25 lakh crore -- stood at 96.1 per cent of the full year's budget
target of Rs 5.46 lakh crore, official data showed on Friday. The Total Investment
& Insurance Solutions
The data furnished by the Comptroller
General of Accounts (CGA) showed that April-August fiscal deficit was 76.4 per
cent of the Budget in the like period of the last fiscal. However, within the
first five months of the fiscal 2017-18, the deficit has touched over 96 per
cent of the full year's target.
The 2017-18 deficit -- the
difference between revenue and expenditure -- has been pegged at Rs 5.46 lakh
crore for 2017-18, as compared to the deficit of Rs 5.34 lakh crore for the
last fiscal.The
Total Investment & Insurance Solutions
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