MoneyWireApr-Jan fiscal deficit jumps to 74.5% of revised FY25 target
Apr-Jan fiscal deficit jumps to 74.5% of revised FY25 target
This story was originally published at 16:38 IST on 28 February 2025
Register to read our real-time news.Informist, Friday, Feb. 28, 2025
Please click here to read all liners published on this story
--Govt Apr-Jan fiscal deficit 74.5% of revised FY25 target of INR 15.695 tln
--Govt Apr-Jan fiscal deficit INR 11.695 tln vs INR 11.026 tln year ago
--Govt Apr-Jan total expenditure INR 35.700 tln vs INR 33.547 tln year ago
--Govt Apr-Jan total receipts INR 24.004 tln vs INR 22.521 tln year ago
--Govt Apr-Jan capital expenditure INR 7.574 tln vs INR 7.212 tln year ago
--Govt Apr-Jan gross tax revenue INR 29.844 tln vs INR 27.062 tln year ago
--Govt: Apr-Jan tax devolution to states INR 10.74 tln vs INR 8.20 tln yr ago
--Govt Jan fiscal deficit INR 2.555 tln vs INR 1.203 tln year ago
--Govt Jan total expenditure INR 3.379 tln vs INR 3.005 tln year ago
--Govt Jan total receipts INR 824 bln vs INR 1.802 tln year ago
--Govt Jan capital expenditure INR 720 bln vs INR 476 bln year ago
--Govt Jan gross tax revenue INR 2.340 tln vs INR 2.237 tln year ago
NEW DELHI – The Indian government's fiscal deficit for the first 10 months of 2024-25 (Apr-Mar) was INR 11.695 trillion, up 6% on year, data released by the Controller General of Accounts Friday showed. The fiscal deficit in Apr-Jan accounted for 74.5% of the revised target of INR 15.695 trillion for FY25 as against 63.6% for the first 10 months of FY24.
In the FY26 Budget presented in Parliament on Feb. 1, the government had lowered the absolute fiscal deficit target for the current financial year by INR 437.85 billion. In Apr-Dec, the fiscal deficit accounted for 56.7% of the Budget target for FY25.
To read more please subscribe
Share this Story:
