New Delhi, March 30 -- India's fiscal deficit for the April-February period of 2025-26 stood at Rs.12.5 trillion, or 80.4% of the revised estimates (RE), according to data released by the Controller General of Accounts (CGA) on Monday.
The fiscal deficit for the year-ago period stood at Rs.13.4 trillion, accounting for 85.8% of the revised estimate for 2024-25.
With a downward revision in nominal gross domestic product (GDP), the fiscal deficit for 2025-26 is now expected to come in at around 4.5% of GDP, slightly higher than the revised estimate of 4.3%.
The Centre's fiscal deficit, in actual terms, for 2024-25 was Rs.15.77 trillion, and for 2025-26, the target is Rs.15.58 trillion.
The Centre's capital expenditure remained strong, g...
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