 "fiscal deficit, money, rupee, currency, budget, loss, income, invest")
The Centre’s fiscal deficit for April-October, the first seven months of the financial year, was Rs 5.25 lakh crore or 96.1 per cent of the full-year target of Rs 5.46 lakh crore.
Incidentally, the deficit at the end of August was at the exact same level, which shows the finance ministry, after ‘front-loading’ of expenditure, has reined in spending and plans to do so further in the second half of 2017-18.
The deficit for April-October last year was 79.3 per cent of the 2016-17 full-year target. For April-September this year, it was 91.3 per cent.
Total expenditure
Incidentally, the deficit at the end of August was at the exact same level, which shows the finance ministry, after ‘front-loading’ of expenditure, has reined in spending and plans to do so further in the second half of 2017-18.
The deficit for April-October last year was 79.3 per cent of the 2016-17 full-year target. For April-September this year, it was 91.3 per cent.
Total expenditure
