Fiscal deficit hits 99% of full-year target in Nov
The deficit was 93.9 percent during the same period a year ago.
- Dec 31, 2014,
- Updated Dec 31, 2014 4:01 PM IST
India's fiscal deficit was Rs 5.25 trillion ($83.08 billion) during April-November, or 98.9 percent of the full-year target , government data showed on Wednesday.
The deficit was 93.9 percent during the same period a year ago.
Net tax receipts were at Rs 4.13 trillion ($65.35 billion) in the first eight months of the current fiscal year that ends in March 2015.
($1 = Rs 63.1950)
(Reuters)
India's fiscal deficit was Rs 5.25 trillion ($83.08 billion) during April-November, or 98.9 percent of the full-year target , government data showed on Wednesday.
The deficit was 93.9 percent during the same period a year ago.
Net tax receipts were at Rs 4.13 trillion ($65.35 billion) in the first eight months of the current fiscal year that ends in March 2015.
($1 = Rs 63.1950)
(Reuters)