You are here: Home » Interim Budget 2019 » News
Business Standard

Centre's fiscal deficit exceeds budget target by 15% in 1st 8 mths of FY19

The fiscal deficit stood at Rs 7.17 trillion at the end of November 2018, 114.8 per cent of the budgeted target of Rs 6.24 trillion

Fiscal Deficit  |  Fiscal Deficit Target  |  India Economy

Ishan Bakshi  |  New Delhi 

Centre's fiscal deficit exceeds budget target by 15% in 1st 8 mths of FY19

The central government’s widened further in November after crossing the budgeted target last month due to slower-than-expected growth in indirect tax collection.



What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, December 27 2018. 19:50 IST