At Rs 4.68 trn, India’s Apr-Aug fiscal deficit at 31.1% of FY22 target

Net tax receipts were 6.45 trillion rupees while total expenditure was 12.77 trillion rupees

Topics
Indian Economy | Fiscal Deficit | Centre

Reuters  |  NEW DELHI  Last Updated at September 30, 2021 16:43 IST

fiscal deficit

India’s federal fiscal deficit in April-August, the first five months of the fiscal year, stood at 4.68 trillion rupees, or 31.1% of the budgeted target for the whole year, government data showed on Thursday.

Net tax receipts were 6.45 trillion rupees while total expenditure was 12.77 trillion rupees, the data showed.

(Reporting by Manoj Kumar and Aftab Ahmed; Editing by Giles Elgood)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Thu, September 30 2021. 16:42 IST

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