Comments
The government's fiscal deficit at the end of October touched 45 per cent of the full-year budget estimate, according to data released by the Controller General of Accounts (CGA) on Thursday.
In actual terms, the fiscal deficit—the difference between expenditure and revenue—was ₹8.03-lakh crore during the April-October period of 2023-24.
In the corresponding period last year, the deficit was 45.6 per cent of the budget estimates of 2022-23.
For 2023-24, the fiscal deficit of the government is estimated to be ₹17.86-lakh crore or 5.9 per cent of the GDP.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.