Apr-May fiscal deficit at 43% of annual estimate
The Centre's fiscal deficit for the first two months (April-May) of the financial year 2016-17 stood at 42.9% of the Budget estimates, as per the Controller General of Accounts' data. The fiscal deficit for the same period last year was 37.5%. The total receipts (from revenue and non-debt capital) stood at 4.8% of the estimates as against 4.4% last year.