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Apr-Nov fiscal deficit widens to 58.9% of 2022-23 target
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IANS | 30 Dec, 2022
India's fiscal deficit stood at Rs 9.78 lakh crore in the April-November
period of 2022-23, which is 58.9 per cent of the Union Budget's target
of Rs 16.61 lakh crore for the current fiscal, government data showed.
As per Controller General of Accounts (CGA) data, the
revenue deficit stood at Rs 5.73 lakh crore, or 57.8 per cent, of the
current fiscal's target of Rs 9.91 lakh crore.
The government's
total expenditure was Rs 24.43 lakh crore, or 61.9 per cent, of the
Budget's target of Rs 39.45 lakh crore, as per the data.
Fiscal deficit is the difference between the state's revenue and spending. It shows the shortfall in revenue.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
| Japanese
Yen |
58.85 |
56.85 |
| As on 13 Aug, 2022 |
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