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India’s fiscal deficit touches 21.2% of annual target in Q1: Govt data

Photo: Brent Lewin/Bloomberg




The central government’s fiscal deficit touched 21.2 per cent of the annual target in the June quarter as against 18.2 per cent in the year-ago period, according to official data.


The fiscal deficit is the difference between total expenditure and revenue of the government. It indicates the total borrowing that…


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