April-January fiscal deficit at 121.5% of full-year target | Editorji
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April-January fiscal deficit at 121.5% of full-year target

Feb 26, 2019 19:19 IST

The fiscal deficit hit 121.5% of the full-year budgeted target of 6.34 lakh crore rupees at the end of January due to lower revenue collections. The deficit recorded in the corresponding period last year was at 113.7%. Fiscal deficit or gap between expenditure and revenue stood at 7.7 lakh crore rupees during April to January of the current financial year. The fiscal deficit was revised in the interim budget to 3.4% from 3.3% on account of additional funds to farmers.

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