New Delhi: India’s April-October fiscal deficit stood at 6.49 trillion ($93.23 billion), or 103.9% of the budgeted target for current fiscal year, government data showed on Friday.

Net tax receipts in the first seven months of the fiscal year that ends in March 2019 were 6.61 trillion, government data showed.

The government has said it was confident of meeting its fiscal deficit target of 3.3% of GDP in the 2018-19 fiscal year.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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