India s April-May fiscal deficit at 68% of full year target

New Delhi June 30 (IANS) India s fiscal deficit up to last month during the current fiscal touched Rs 3.73 lakh crore or 68.3 per cent of the Budget estimates for 2017-18 official data showed on Friday.

According to figures released by the Controller General of Accounts (CGA) the deficit in the April-May period was 42.9 per cent of the Budget in the same period of last fiscal year.

The 2017-18 deficit -- the difference between revenue and expenditure -- has been pegged at Rs 5.46 lakh crore as compared to the deficit of Rs 5.34 lakh crore for the last fiscal.

--IANS
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