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New Delhi, Oct 30 (UNI) India's fiscal deficit stood at Rs 7.14 lakh crore during the first six mont
Published: 30/10/26 13:03
New Delhi | India
New Delhi, Oct 30 (UNI) India's fiscal deficit stood at Rs 7.14 lakh crore during the first six months of the financial year 2026-27, equivalent to 42.1 per cent of the full-year Budget Estimate, according to the latest government accounts released on Friday. The deficit was higher than Rs 5.7 lakh crore recorded during the corresponding period of the previous financial year. The government has pegged its fiscal deficit target for FY27 at Rs 16.96 lakh crore, or 4.3 per cent of India's gross domestic product (GDP). The fiscal deficit represents the gap between the government's total expenditure and its…