India's April-Oct fiscal deficit touches $72.8 billion

By Reuters

  • 30 Nov 2021
Credit: Reuters

India's federal fiscal deficit during April-October, the first seven months of current fiscal year, stood at 5.47 trillion rupees ($72.8 billion) or 36.3% of the budgeted target for the whole year, government data showed on Tuesday. 

Net tax receipts were 10.53 trillion rupees while total expenditure was 18.27 trillion rupees, the data showed.