The government's fiscal deficit touched Rs 5.47 trillion in the June quarter, which is 77.8 per cent of the budget estimate for 2019-20.
In absolute terms, the fiscal deficit or gap between expenditure and revenue was Rs 5,47,605 crore at July-end, as per the data released by the Controller General of Accounts (CGA) on Friday.
The fiscal deficit stood at 86.5 per cent of 2018-19 budget estimate in the year-ago period.
The government estimates the fiscal deficit to be at Rs 7.03 trillion during 2019-20.
It aims to restrict the deficit at 3.4 per cent of the GDP in the