Fiscal deficit at 76.4% of full-year target in Apr-Aug
India's fiscal deficit, the difference between the government's expenditure and revenue, stood at ₹4.08 lakh crore or 76.4% of its full-year target in April-August, data released by the government on Friday stated. This was against fiscal deficit of 66.5% of the full-year target in the year-ago period. Furthermore, revenue deficit was 91.8% (₹3.25 lakh crore) of the budget estimates.