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Business News/ Politics / Policy/  India’s April-November fiscal deficit reaches 86% of full-year target
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India’s April-November fiscal deficit reaches 86% of full-year target

The fiscal deficit was 87% of the full-year target during the same period a year ago.

Photo: ReutersPremium
Photo: Reuters

New Delhi: India’s fiscal deficit during the first eight months to November was Rs4.58 trillion, or 85.8% of the budgeted target for the fiscal year ending next March, government data showed on Friday.

The fiscal deficit was 87% of the full-year target during the same period a year ago.

Net tax receipts in the first eight months of 2016-17 fiscal year was Rs6.21 trillion, the data showed. Reuters

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Published: 30 Dec 2016, 04:15 PM IST
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