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Fiscal deficit at 8.2% of budget estimate in first two months of current fiscal
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Fiscal deficit at 8.2% of budget estimate in first two months of current fiscal

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Gross fiscal deficit 

The central government reported gross fiscal deficit at 8.2% of budgeted estimates in first two month of current fiscal. 

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Non-debt receipts 

The central government reported non-debt receipts of Rs 3.5 lakh cr during April-May 2021. These are the highest non-debt receipts mobilised by the Centre during the first two months of any fiscal. 

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Net taxes 

The government managed to mobilise only 5.2 per cent of its annual budgeted taxes during the first two months in the last five years. 

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Expenditure 

The government spent 13.3 per cent of its annual budgeted expenditure during April-May 2021. In the last five years, the government on an average spent 18.2 per cent of its annual budgeted expenditure during the first two months of the fiscal. 

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Capital Expenditure 

The deficiency was mainly seen in capital expenditure. The government spent only 11.4 per cent of its annual budgeted capital expenditure during April-May 2021