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Journalism of Courage
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.
