April-October fiscal deficit at $67.5 bln - govt

NEW DELHI Fri Nov 30, 2012 2:53pm IST

An employee uses an electronic machine to check a currency note inside a bank in Allahabad December 16, 2011. REUTERS/Jitendra Prakash

An employee uses an electronic machine to check a currency note inside a bank in Allahabad December 16, 2011.

Credit: Reuters/Jitendra Prakash

Related Topics

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)

FILED UNDER:

Reforms Push

REUTERS SHOWCASE

Reuters Exclusive

Reuters Exclusive

India looks to sway Americans with nuclear power insurance plan  Full Article 

To Boost Growth

To Boost Growth

Crank up public spending to revive growth - chief economic adviser.   Full Article 

Bold Steps

Bold Steps

SpiceJet rescue plan marks bold bet on Indian aviation recovery.   Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Online Sales

Online Sales

Knock knock. Who's there? Amazon's best-selling holiday author.  Full Article 

26/11 Plotter

26/11 Plotter

Pakistan to challenge bail for Mumbai attack "mastermind".  Full Article 

Chinese Economy

Chinese Economy

China revises up size of 2013 economy, sees no effect on 2014 growth.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage