October 31, 2019 / 10:50 AM / 12 days ago

India's April-Sept fiscal deficit crosses 92% of full-year target

NEW DELHI, Oct 31 (Reuters) - India’s fiscal deficit in the six months through September stood at 6.52 trillion rupees ($91.84 billion), or 92.6% of the budgeted target for the current fiscal year, government data showed on Thursday.

Net tax receipts in the first half of the current fiscal year ending in March 2020 were 6.07 trillion rupees, while total expenditure was 14.89 trillion rupees, the data showed.

$1 = 70.9930 Indian rupees Reporting by Manoj Kumar; Editing by Subhranshu Sahu

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