April-May fiscal deficit News
The data furnished by the Comptroller General of Accounts (CGA) showed that fiscal deficit during the like period of the previous fiscal had stood at 68.3 per cent.
Fiscal deficit in the first two months of the current fiscal was Rs 2.28 lakh crore or 42.9 percent of Budget estimates for 2016-17, much higher than the year-ago period.
The fiscal deficit in the first two months of 2014-15 was Rs 2.4 lakh crore or 45.6 percent of Budget Estimates for the whole financial year.
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