Apr-Dec fiscal deficit 87.9% of full-year target
India's fiscal deficit in the first nine months (April-December) of the financial year stood at ₹4.88 lakh crore, 87.9% of its full-year target, according to data released by the Controller General of Accounts. In comparison, the figure was 100.2% in the previous fiscal. The fiscal deficit is the difference between the government's total expenditure and revenue.