Business Standard

April-February fiscal deficit at 134% of target


IANS New Delhi
India's budgetary fiscal deficit for April-February 2018-19 period reached 134.2 per cent or Rs 8.51 lakh crore of the target at Rs 6.34 lakh crore, official data showed on Tuesday.
The Controller General of Accounts (CGA) data showed the fiscal deficit during the corresponding 11 months of the previous fiscal was 120.3 per cent of that year's target.
Till February, the government's total expenditure stood at Rs 21.88 lakh crore (89.1 per cent of the budget estimates) and total receipts were Rs 13.37 lakh crore (73.4 per cent of the budget estimates).
In the same period of 2017-18, it was 79.1 per cent of budgeted estimates received.

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First Published: Mar 29 2019 | 6:14 PM IST

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