Apr-Feb fiscal deficit 107.1% of full-yr target
India's fiscal deficit in April-February stood at ₹5.73 lakh crore, 107.1% of the full-year target, according to data released by the Controller General of Accounts. In comparison, the figure was 117.5% in the previous fiscal. Notably, the deficit figure tends to exceed the budgeted target nearer to the end of fiscal year, but gets adjusted against tax inflows in March.