2024 India's fiscal deficit reached 86.5% of target in April-Feb period, widening from 82.8% in 2022-23.

India's fiscal deficit widened to ₹15.01 lakh crore in April-February 2024, reaching 86.5% of the revised full-year target, according to official data released on 28 March. The fiscal deficit in the corresponding period of 2022-23 was 82.8% of revised estimates of the Union Budget. For 2023-24, the government's fiscal deficit is estimated at ₹17.35 lakh crore or 5.8% of the GDP.

March 28, 2024
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