New Delhi:India's budgetary fiscal deficit for the first eight months of 2017-18 stood at 112 per cent -- Rs 6.12 lakh crore -- of the full year's target of Rs 5.46 lakh crore, official data showed on Friday.
India's April-November fiscal deficit at 112% of full year's target
The data furnished by the Comptroller General of Accounts (CGA) showed that April-November fiscal deficit was 85.8 per cent of the budget in the like period of the last fiscal.
The total receipts -- from revenue and non-debt capital -- during the fiscal's first eight months were Rs 8.66 lakh crore, or 54.2 per cent of the estimates for the current year.
The data revealed that total expenditure -- incurred on revenue and capital -- during the April-November period was Rs 14.78 lakh crore, or at 68.9 per cent of the entire fiscal's estimate.
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