Fiscal deficit touched 21.2% of target in Q1

Fiscal deficit touched 21.2% of target in Q1

The Central government’s fiscal deficit touched 21.2% of the annual target in the June quarter as against 18.2% in the year-earlier period, according to official data. The fiscal deficit is the difference between total expenditure and revenue of the government. It indicates the total borrowing that are needed by the government. In actual terms, the […]

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