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India’s April-January fiscal deficit at 113.7% of full year’s target

India’s fiscal deficit for April-January period of 2017-18 stood at 113.7 per cent of the full year’s target, official data…

India’s April-January fiscal deficit at 113.7% of full year’s target

(Photo: Getty Image)

India’s fiscal deficit for April-January period of 2017-18 stood at 113.7 per cent of the full year’s target, official data showed here on Wednesday.

The data furnished by the Comptroller General of Accounts (CGA) showed that during April-January, the fiscal deficit stood at Rs 6.77 lakh crore, which is 113.7 per cent of the full year’s target.

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The capital expenditure during the period stood at Rs 2.64 lakh crore.

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The revenue deficit during the period was at 4.8 lakh crore, revealed the data.

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