April-October Fiscal deficit at Rs 4.23 lakh crore

India Infoline News Service | Mumbai | November 30, 2016 16:45 IST

The deficit for the first seven months of this fiscal year was 79.3% of Rs 5.34 Lakh crore FY17 Budget target.

The fiscal deficit for the April-October period came in at Rs 4.23 lakh crore against Rs 4.11 lakh crore on a year on year basis.The fiscal deficit was 74% of the full-year target during the same period a year ago.

The deficit for the first seven months of this fiscal year was 79.3% of Rs 5.34 Lakh crore FY17 Budget target.

April-October revenue gap was Rs 3.28 lakh crore against Rs 2.87 lakh crore on YoY basis. Fiscal deficit in April-September widened to 83.9% of its total Budget estimate of Rs 5.34 lakh crore for 2016-17 as against 68.1% of the Budget target last year.

The  April-Oct non-debt capital receipts stood at Rs 29,348 crore, 43.7% of FY17 estimates.
 

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