In precise phrases, the fiscal deficit — the distinction between expenditure and income — was Rs 8.03 lakh crore in the course of the April-October interval of 2023-24.
For 2023-24, the fiscal deficit of the federal government is estimated to be Rs 17.86 lakh crore or 5.9 per cent of the GDP.
The authorities’s fiscal deficit on the finish of October touched 45 per cent of the total-yr funds estimate, in keeping with information launched by the Controller General of Accounts (CGA) on Wednesday.
In precise phrases, the fiscal deficit — the distinction between expenditure and income — was Rs 8.03 lakh crore in the course of the April-October interval of 2023-24.
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In the corresponding interval final yr, the deficit was 45.6 per cent of the funds estimates of 2022-23.
For 2023-24, the fiscal deficit of the federal government is estimated to be Rs 17.86 lakh crore or 5.9 per cent of the GDP.
