New Delhi, Oct. 30 -- India's fiscal deficit widened in the first six months of FY27, as capital spending and subsidy outlays continued to rise.

Fiscal deficit, or the gap between government expenditure and receipts, stood at Rs.7.14 trillion at the end of September, latest data from the Controller General of Accounts (CGA) showed. This amounts to 42.1% of the full-year budget estimate, higher than 36.5% in the corresponding period of the previous year. At the end of August, the fiscal deficit had stood at 41.9% of the annual target.

The higher proportion of the budgeted fiscal deficit already incurred in the first half of FY27 indicates mounting pressure on the government's fiscal balance, with expenditure growing faster than the pace ...