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30
November 2017
 |
Fiscal deficit (The Total Investment & Insurance
Solutions)
India's
budgetary fiscal deficit for the first seven months of 2017-18 stood at 96.1
per cent -- Rs 5.25 lakh crore -- of the full year's target of Rs 5.46 lakh
crore, official data showed on Thursday.
The Total Investment & Insurance Solutions
The
data furnished by the Comptroller General of Accounts (CGA) showed that
April-October fiscal deficit was 79.3 per cent of the budget in the like period
of the last fiscal. The Total
Investment & Insurance Solutions
According
to the CGA data, net of tax revenue during the period under review was Rs 6.33
lakh crore, or 51.6 per cent of the estimates.
The
total receipts -- from revenue and non-debt capital -- during the fiscal's
first seven months were Rs 7.67 lakh crore, or 48 per cent of the estimates for
the current year. The Total Investment
& Insurance Solutions
The
data revealed that total expenditure -- incurred on revenue and capital --
during the April-October period was Rs 12.92 lakh crore, or at 60.2 per cent of
the entire fiscal's estimate. The Total
Investment & Insurance Solutions
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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