Social News XYZ     

April-May fiscal deficit at 58.6% of budgetary target

April-May fiscal deficit at 58.6% of budgetary target

New Delhi, June 30 (SocialNews.XYZ) India's budgetary fiscal deficit for the April-May 2020-21 period stood at Rs 4.66 lakh crore, or 58.6 per cent of the budget estimates (BE).

The government has targeted a fiscal deficit of Rs 7.96 lakh crore for fiscal year 2020-21.

 

As per the Controller General of Accounts (CGA) data released on Tuesday, the fiscal deficit during the corresponding months of the previous fiscal was 52 per cent of that year's target.

The Central government's total expenditure stood at Rs 5.11 lakh crore (16.8 per cent of BE) while total receipts were Rs 45,498 crore (2 per cent of BE).

Source: IANS

Facebook Comments
April-May fiscal deficit at 58.6% of budgetary target

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

Advertisements
PHP Code Snippets Powered By : XYZScripts.com
%d bloggers like this: