Premium
This is an archive article published on March 31, 2010

India’s Apr-Feb fiscal deficit at $84.7 bn

India's fiscal deficit from April 2009 to February 2010 was 92 pct of the full-year target.

India’s fiscal deficit from April 2009 to February 2010 was Rs 3.81 trillion ($84.7 billion),or 92 per cent of the full-year target,the government said in a statement on Wednesday.

Tax receipts were Rs 3.59 trillion and total expenditure was Rs 8.58 trillion for the first 11 months of the 2009/10 fiscal year.

In July 2009,the government had forecast a fiscal deficit of Rs 4 trillion,or 6.8 per cent of gross domestic product,for the current financial year.

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement