SME Times News Bureau | 31 Mar, 2021
India's budgetary fiscal deficit for the April-February 2020-21 period
stood at Rs 14.05 lakh crore, or 76 per cent of the revised estimates
(RE).
The 2020-21 deficit -- the difference between revenue and
expenditure -- had been enhanced to Rs 18.48 lakh crore, as compared to
the earlier target of Rs 7.96 lakh crore for the last fiscal.
As
per the Controller General of Accounts (CGA) data released on Wednesday,
the fiscal deficit during the corresponding months of the previous
fiscal was 135.2 per cent of that year's target.
The Central
government's total expenditure stood at Rs 28.18 lakh crore (81.7 per
cent of RE) while total receipts were Rs 14.13 lakh crore (88.2 per cent
of RE).
