New Delhi Sep 29 (IANS) India s April-August fiscal deficit -- at Rs 5.25 lakh crore -- stood at 96.1 per cent of the full year s budget target of Rs 5.46 lakh crore official data showed on Friday.
The data furnished by the Comptroller General of Accounts (CGA) showed that April-August fiscal deficit was 76.4 per cent of the Budget in the like period of the last fiscal. However within the first five months of the fiscal 2017-18 the deficit has touched over 96 per cent of the full year s target.
The 2017-18 deficit -- the difference between revenue and expenditure -- has been pegged at Rs 5.46 lakh crore for 2017-18 as compared to the deficit of Rs 5.34 lakh crore for the last fiscal.
--IANS
rv/vm
