Centre's domestic financing nearly doubles to Rs.3.6 trillion in April, easing capital spending pressure
New Delhi, June 2 -- The Centre mobilised Rs.3.6 trillion through domestic financing in April, nearly double the Rs.1.90 trillion it raised in the same month last year, marking a strong start to the funding programme for the new fiscal year and providing a cushion for planned expenditure on infrastructure, welfare schemes and other development projects.
Data released by the Controller General of Accounts (CGA) also showed external financing turning positive at Rs.1,940.59 crore during the month, against negative Rs.3,836.01 crore in April 2025, indicating an improvement in net external flows.
The April financing data comes against the backdrop of the Centre's fiscal deficit target of 4.3% of GDP for FY27, lower than the revised estimate...
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