New Delhi, June 2 -- India successfully achieved its fiscal deficit target of 4.4 percent of GDP for FY26, maintaining fiscal discipline despite revenue pressures, global economic uncertainties and the impact of revised GDP estimates, according to official government data.

The fiscal deficit, which represents the gap between the government's expenditure and revenue, stood at approximately Rs 15.19 lakh crore, accounting for 97.5 percent of the revised annual target.

The achievement aligns with the government's fiscal consolidation roadmap and eases concerns over public finances, reported the Economic Times.

Prudent Expenditure Management Supports Fiscal Consolidation

The outcome is particularly significant as the government managed to...