Centre's Fiscal Deficit Touches 39% Of Full-Year Target In FY24's 1st Half
NDTV
In actual terms, the fiscal deficit, or the gap between expenditure and revenue, worked out at Rs 7.02 lakh crore at the end of September, as per data released by the Controller General of Accounts (CGA).
The central government's fiscal deficit touched 39.3 per cent of the full-year target in the first half of the current financial year, slightly higher than 37.3 per cent recorded in the year-ago period.
In actual terms, the fiscal deficit, or the gap between expenditure and revenue, worked out at Rs 7.02 lakh crore at the end of September, as per data released by the Controller General of Accounts (CGA).
In the Union Budget, the government projected to bring down the fiscal deficit to 5.9 per cent of the Gross Domestic Product (GDP) in the 2023-24 financial year.
