Fiscal deficit at 72% of BE at Oct-end

Amidst concerns over low growth, the Centre's fiscal health became even more precarious as spending rose significantly even as non-tax revenues were lower than expected in October. Fiscal deficit shot up to an alarming Rs 3,67,920 crore or nearly 72 per cent of the full year target of Rs 5,13,590 crore between April and October. It was significantly lower at Rs 3,07,009 crore a year ago.

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