India s fiscal deficit reaches 145.5% of budget estimate at Rs 11.58 lakh crore in Dec end
In absolute terms, the fiscal deficit stood at Rs 11,58,469 crore at December-end
PTI | January 30, 2021 | Updated 08:56 IST
The government received Rs 11.21 trillion (50 per cent of corresponding BE 2020-21 of total receipts) up to December 2020
Union government s fiscal deficit soared to Rs 11.58 trillion or 145.5 per cent of the Budget Estimate (BE) at the end of December, as revenue realisation was hit by disruptions in normal business activities. According to the data released by the Controller General of Accounts (CGA), the fiscal deficit at the end of December in the previous fiscal year was 132.4 per cent of the BE of 2019-20.