Fiscal deficit touches 31.1 % of annual target at end-August
The Hindu
The government's fiscal deficit stood at ₹ 4.68 lakh crore or 31.1 % of the Budget estimates at the end of August, as per data released by the Controller General of Accounts (CGA) on Thursday. The
The government's fiscal deficit stood at ₹ 4.68 lakh crore or 31.1 % of the Budget estimates at the end of August, as per data released by the Controller General of Accounts (CGA) on Thursday.
The deficit figure in the current fiscal appears much better than the previous financial year when it had soared to 109.3 % of the estimates, mainly on account of a jump in expenditure to deal with the COVID-19 pandemic.
In absolute terms, the fiscal deficit or gap between expenditure and revenue was ₹ 4,68,009 crore at end of August, the CGA said.
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.