India's April-November fiscal deficit at $76.2 bn: Govt


India's fiscal deficit during the April-November period was 4.13 trillion rupees ($76.2 billion), or 80.4 percent of the budgeted full

fiscal year 2012/13 target, government data showed on Monday.

During the same period in the previous fiscal year, the deficit was 85.6 per cent of the budget target.

Net tax receipts for April-November stood at 3.7 trillion rupees while total expenditure was about 8.7 trillion rupees.

In March, the government had budgeted a fiscal deficit of 5.14 trillion rupees, or 5.1 percent of the gross domestic product (GDP), for the fiscal year that ends in March 2013.

However, in October, strained finances forced New Delhi to revise the deficit target to 5.3 percent.

Please read our terms of use before posting comments
TERMS OF USE: The views expressed in comments published on are those of the comment writer's alone. They do not represent the views or opinions of The Indian Express Group or its staff. Comments are automatically posted live; however, reserves the right to take it down at any time. We also reserve the right not to publish comments that are abusive, obscene, inflammatory, derogatory or defamatory.