New Delhi, Sep 29 - India's April-August fiscal deficit -- at Rs 5.25 lakh crore -- stood at 96.1% of the full year's budget target of Rs 5.46 lakh crore, official data showed.
The data furnished by the Comptroller General of Accounts (CGA) showed that April-August fiscal deficit was 76.4% of the Budget in the like period of the last fiscal. However, within the first five months of the fiscal 2017-18, the deficit has touched over 96% of the full year's target.
The 2017-18 deficit -- the difference between revenue and expenditure -- has been pegged at Rs 5.46 lakh crore for 2017-18, as compared to the deficit of Rs 5.34 lakh crore for the last fiscal.