India's Fiscal Deficit Hits 54.5% of Budget Target by December
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News18•30-01-2026, 16:45
India's Fiscal Deficit Hits 54.5% of Budget Target by December
- •The Centre's fiscal deficit reached Rs 8.55 lakh crore by the end of December.
- •This figure represents 54.5 per cent of the annual budget target for 2025-26.
- •In the previous year, the deficit stood at 56.7 per cent during the same period.
- •The government projects the fiscal deficit for 2025-26 to be 4.4 per cent of GDP, or Rs 15.69 lakh crore.
- •Total receipts up to December 2025 were Rs 25.25 lakh crore, 72.2 per cent of the budget estimate.
Why It Matters: India's fiscal deficit reached 54.5% of its annual target by December, showing a slight improvement year-on-year.
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