Fiscal deficit in the first two months of the current fiscal was Rs 2.28 lakh crore or 42.9% of the Budget estimate for 2016-17 and much higher over the same period last fiscal when it was 37.5%. The gap between expenditure and revenue for the entire current fiscal has been pegged at Rs 5.33 lakh crore.
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By IndianMandarins - 2016-07-01 13:21:38
Fiscal deficit in the first two months of the current fiscal was Rs 2.28 lakh crore or 42.9% of the Budget estimate for 2016-17 and much higher over the same period last fiscal when it was 37.5%. The gap between expenditure and revenue for the entire current fiscal has been pegged at Rs 5.33 lakh crore.
