Wednesday, January 27, 2021

India’s Apr-Oct fiscal deficit at around 120% of budgeted target

- Advertisement -

New Delhi, Nov 27 (IANS) India’s budgetary fiscal deficit for the April-October 2020-21 period stood at Rs 9.53 lakh crore, or 119.7 per cent of the budget estimates (BE).

The 2020-21 deficit — the difference between revenue and expenditure — had been pegged at Rs 7.96 lakh crore, as compared to the revised deficit of Rs 7.66 lakh crore for the last fiscal.

READ ALSO:  PIL against Indiabulls for irregularities, violations and siphoning of funds

As per the Controller General of Accounts (CGA) data released on Friday, the fiscal deficit during the corresponding months of the previous fiscal was 102.4 per cent of that year’s target.

The Central government’s total expenditure stood at Rs 16.61 lakh crore (54.6 per cent of BE) while total receipts were Rs 7.08 lakh crore 31.5 per cent of BE).

READ ALSO:  SEBI proposes easing of norms to set up more bourses


India Updates
India Updates is an independent news & Information website. Follow us for regular updates on News and Information.

Follow Us On

Related News

Trending Topics In India

Covid 19 India Updates

Trending News In India

Trending Showbiz

Trending Sports

Latest Trending News In India

Congress demands sacking of Home Minister over Delhi violence

New Delhi, Jan 27 (IANS) A day after violent clashes broke out between the police and the protesting farmers in the heart of the...

Cryptocurrency industry hopeful as RBI mulls over digital currency

New Delhi, Jan 27 (IANS) With the Reserve Bank of India (RBI) now saying that it is exploring the need for a digital version...

45 buses damaged in Jan 26 violence, says DTC

New Delhi, Jan 27 (IANS) At least 45 Delhi Transport Corporation (DTC) buses were damaged in the violence on Republic Day as section of...

Tractor rally violence: Plea in HC seeks removal of Delhi top cop

New Delhi, Jan 27 (IANS) A petition has been filed in the Delhi High Court seeking removal of Delhi Police Commissioner S.N. Shrivastava from...