New Delhi May 31 (IANS) The central government broadly met its revised fiscal deficit target of 3.5 per cent for the financial year 2017-18 official data showed here on Thursday.
According to figures released by the Controller General of Accounts (CGA) the fiscal deficit -- the difference between revenue and expenditure -- for the last financial year stood at 3.53 per cent of the country s GDP.
As per the provisional CGA data the deficit reached Rs 5.91 lakh crore as against the revised estimates of Rs 5.94 lakh crore.
In budget 2018-19 Finance Minister Arun Jaitley revised the fiscal deficit target to 3.5 per cent from 3.2 per cent.
Besides the data showed that the exchequer s total receipts during the fiscal under review yielded Rs 15.51 lakh crore or 95.6 per cent of the estimates.
In addition the total expenditure during the April-March 2017-18 period was Rs 21.42 lakh crore or 96.6 per cent of the entire fiscal s estimate.

--IANS rv/bg