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Fiscal deficit crosses 96% of Budget estimates at the end of October

Apr-Oct fiscal deficit at Rs 5.25 lakh cr, compared with Rs 4.2 lakh cr in the same period a year earlier

BS Web Team 

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Illustration by Ajay Mohanty

The country's in the first seven months of the financial year exceeded 96 per cent of the government's estimates for full 2017-18, showed official data released by the (CGA) on Thursday.

At the end of September this year, the had stood at 91.3 per cent of the full-year target.

The during the April-October period of this year stood at Rs 5.25 lakh crore, compared with Rs 4.2 lakh crore in the same period a year earlier.

The during the April-October period stood at Rs 4.01 lakh crore, against Rs 3.27 lakh crore a year earlier. The CGA data also showed that the net tax revenue received by the government during the April-October period stood at Rs 6.34 lakh crore. 

First Published: Thu, November 30 2017. 15:06 IST
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