Fiscal deficit at 12.3% of the annual Budget target for 2022-’23 in May

Summary by Scroll India

For the current financial year, the government has projected that the deficit will come at 6.40% of the Gross Domestic Product.

2 months ago

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Times of India

Centre's fiscal deficit at 12.3% of full year target in May

The central government's fiscal deficit at the end of May stood at 12.3 per cent of the annual budget target for 2022-23, mainly due to higher expenditure, according to official data released on Thursday. The fiscal deficit was at 8.2 per cent of the Budget Estimate (RE) of 2021-22 during the corresponding period.

2 months ago·Mumbai, India

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News18 India

India's Fiscal Deficit Hits 12.3% Of Full-Year Target Till May-End; Govt Expenditure At Rs 5.85 Lakh Crore

India's fiscal deficit during April-May hit Rs 2,03,921 crore, or 12.3 per cent of the target for the entire current financial year, mainly due to higher expenditure, according to official data

2 months ago·India

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The Hindu

Centre's fiscal deficit at 12.3% of FY23 target in May: official data

Total expenditure at the end of May stood at ₹5.85 lakh crore

2 months ago·India

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Business Standard

Centre's fiscal deficit hits 12.3% of full-year target in April-May period

Non-tax revenue came in at Rs 49,251 crore, or 18.3 per cent of the full year target of Rs 2.69 trillion, compared with 48 per cent for the same period last year

2 months ago·India

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Scroll India

Fiscal deficit at 12.3% of the annual Budget target for 2022-’23 in May

For the current financial year, the government has projected that the deficit will come at 6.40% of the Gross Domestic Product.

2 months ago·India

Read Full Article

Centre's Fiscal Deficit At 12.3% Of Full Year Target In May: Official Data

The central government's fiscal deficit at the end of May stood at 12.3% of the annual budget target for 2022-23, mainly due to higher expenditure, according to official data released on Thursday.Fiscal deficit is the difference between total expenditure and revenue of the government. It is an indication of the total borrowings that are needed by the government.The fiscal deficit was at 8.2% of the Budget Estimate of 2021-22 during the correspon…

2 months ago

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