March 29, 2019 / 12:23 PM / 21 days ago

India's April-February fiscal deficit at 134 percent of financial year target

A man counts Indian currency notes inside a shop in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas

NEW DELHI (Reuters) - India’s April-February fiscal deficit touched 8.51 trillion rupees ($123.07 billion), or 134.2 percent of the budgeted target for the current fiscal year, government data showed on Friday.

Earlier in February, while presenting the annual budget for 2019/20, the government had revised upward its fiscal deficit target to 3.4 percent of GDP for the current fiscal year from the previously estimated 3.3 percent budgeted target.

($1 = 69.1500 Indian rupees)

Reporting by Manoj Kumar, Editing by Sherry Jacob-Phillips

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below