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India’s fiscal deficit reached 63% of target by Jan 2026, aided by strong tax collections and controlled spending, supporting its 4.4% GDP target.
India's fiscal deficit for April-January 2025-26 stood at Rs 9.81 lakh crore, or 63% of revised estimates, below last year’s 74.5%, despite a downward GDP revision to Rs 347 lakh crore due to a new base year.
Strong tax collections—78% of target—and slower spending, at 74% of revised estimates, support meeting the 4.4% fiscal deficit target.
The upcoming Union Budget aims to reduce the deficit to 4.3% of GDP, requiring coordinated fiscal efforts across central and state governments.
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El déficit fiscal de la India alcanzó el 63% de la meta en enero de 2026, ayudado por fuertes recaudaciones de impuestos y un gasto controlado, lo que respaldó su objetivo del 4,4% del PIB.