India’s fiscal deficit for the first nine months of this fiscal year through December stood at 9.14 lakh crore rupees, or 56.7% of annual estimates, government data showed today.
The fiscal deficit widened from 55% reported in the comparable year-earlier period.
Total receipts stood at 23.18 lakh crore rupees, while overall expenditure in April to December was at 32.32 lakh crore rupees. They were 72.3% and 67% of this fiscal year’s budget target.