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flag India's fiscal deficit for 2026 hits ₹4.68 trillion, 29.9% of the yearly target, up from last year.

flag India's fiscal deficit for April-July 2025-26 reached ₹4.68 trillion, or 29.9% of the full-year target, up from 17.2% in the same period last year. flag Despite a slowdown in spending last year due to the general election, the government's deficit widened, now standing at 4.4% of GDP for the fiscal year 2026, down from 4.8% in 2025. flag Revenue receipts reached ₹10.95 trillion, or 31.3% of the target, while total expenditure hit ₹15.63 trillion.

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