Saturday, March 30, 2019

India's February-end fiscal deficit crosses 134% of FY target, says govt data

<strong>New Delhi:</strong> The country's fiscal deficit touched 134.2 per cent of the full-year revised budgeted estimate at the end of February 2019, mainly due to tepid growth in revenue collections, official data showed Friday. In absolute term, the fiscal deficit for April-February 2018-19 was Rs 8.51 lakh crore as

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<strong>New Delhi:</strong> The country's fiscal deficit touched 134.2 per cent of the full-year revised budgeted estimate at the end of February 2019, mainly due to tepid growth in revenue collections, official data showed Friday. In absolute term, the fiscal deficit for April-February 2018-19 was Rs 8.51 lakh crore as

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