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India’s fiscal deficit at 9.6% of annual target in April-May: Report
This came despite a record Rs 2.8 lakh crore surplus transfer from the Reserve Bank of India in May, the ‘Business Standard’ reported.
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economictimes.indiatimes.com
India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 target
India's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to government data released on Tuesday.
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thehindubusinessline.com
Subsidy on food, fertilizer, fuel jumps over 47% in April-May period
Subsidies on food, fertilizer, and fuel soar 47%, driving fiscal deficit to ₹1.62 lakh crore by end-May 2026.
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Fiscal deficit widens to 9.6% of FY27 target on higher spending
India's fiscal deficit surged to 9.6% of the annual target in the first two months of the financial year, a significant jump from last year's 0.8%. This was largely due to…
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India’s fiscal deficit at 9.6% of annual target in April-May: Report
This came despite a record Rs 2.8 lakh crore surplus transfer from the Reserve Bank of India in May, the ‘Business Standard’ reported.