Fiscal deficit touches 21.3% of target
The Hindu
The Centre’s fiscal deficit stood at ₹3.21 lakh crore or 21.3% of the budget estimates at the end of July, as per data released by the Controller General of Accounts on Tuesday.The deficit figure thi
The Centre’s fiscal deficit stood at ₹3.21 lakh crore or 21.3% of the budget estimates at the end of July, as per data released by the Controller General of Accounts on Tuesday. The deficit figure this fiscal appears better than it did a year earlier, when it had soared to 103.1% of the estimate, mainly on account of a jump in expenditure to help deal with the COVID-19 pandemic. The Centre’s total receipts stood at ₹6.83 lakh crore or 34.6% of budget estimate (BE) up to July. Total receipts were 10.4% of BE a year earlier. Expenditure was ₹10.04 lakh crore or 28.8% of BE. It was 34.7% of BE a year earlier.More Related News
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.