 "Fiscal deficit at 61.1% of BE in Q1FY17")
The Centre's fiscal deficit for the first two months of the current financial year constituted 61.1% of the Budget Estimates for 2016-17. In the corresponding period of 2015-16, it had stood at 51.6% of BE for that year.
The April-June fiscal deficit was at Rs 3.26 lakh crore.
The total spending during the quarter was at Rs 5.12 lakh cr, at 25.9% of FY17 estimates.
The plan spending was at Rs 1.47 lakh crore, at 26.8% of FY17 estimates.
The non-plan spending was at Rs 3.64 lakh crore, at 25.5% of FY17 estimates.
The total spending during the quarter was at Rs 5.12 lakh cr, at 25.9% of FY17 estimates.
The plan spending was at Rs 1.47 lakh crore, at 26.8% of FY17 estimates.
The non-plan spending was at Rs 3.64 lakh crore, at 25.5% of FY17 estimates.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%