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Apr-July fiscal gap touches 26.8% of full-year target
The Centre's fiscal deficit for April-July FY27 stood at 26.8 percent of the budget estimate. This figure showed a slight decrease compared to the previous year's deficit. Total receipts grew faster than total expenditure, indicating fiscal stability. Capital expenditure surged by nearly 30 percent during this period. Major subsidies utilization was 37 percent of the budgeted amount.
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economictimes.indiatimes.com
India hits FY26 fiscal deficit target, stays on debt-cut path: Nirmala Sitharaman
India's Finance Minister confirmed achieving fiscal deficit targets for 2025-26. The government plans to reduce the debt-to-GDP ratio to fifty percent by 2030. Domestic economic…
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newsbytesapp.com
India met fiscal deficit target for FY26: Nirmala Sitharaman
India has met its FY26 fiscal deficit target, with plans to cut the debt-to-GDP ratio to 50% by 2030, while maintaining over 7% economic growth amid global challenges.
