April-October fiscal deficit at $67.5 bln - govt
NEW DELHI (Reuters) - India's fiscal deficit during the April-October period rose to 3.68 trillion rupees, or 71.6 percent of the budgeted full fiscal year 2012/13 target, government data showed on Friday.
During the same period in the previous fiscal year, the deficit was 74.4 percent of the budget target.
Net tax receipts during the April-October period stood at 3.34 trillion rupees and the total expenditure was about 7.79 trillion rupees.
New Delhi is aiming to keep the deficit at 5.3 percent of GDP this fiscal year, a revision to the target of 5.1 percent in the March 2012 budget. (Reporting by Manoj Kumar)
- Tweet this
- Share this
- Digg this
- Bighorn sheep escapes Los Angeles Zoo, dies after car strikes it
- U.S. plans to arm Iraq's Sunni tribesmen with AK-47s, RPGs, mortars
- China building South China Sea island big enough for airstrip - report
- Apple $450 mln e-book settlement gets final court approval
- India approves $2.6 bln mounted gun purchase - official
India approved on Saturday the purchase of 814 mounted gun systems for the army at a cost of 157.5 billion rupees ($2.55 billion), a defence ministry spokesman said. Full Article