Key Points
New Delhi: The central government's fiscal deficit in the first 11 months of 2023-24 stood at 15 lakh crore, 86.5% of the revised target for this financial year, according to official data released on Thursday...
By February-end, the Centre had spent 37.47 lakh crore in this fiscal, 83.4% of the revised expenditure target for the year...
Experts said the Centre would comfortably meet the downwardly revised fiscal deficit target for the fiscal..
The fiscal deficit in absolute terms was revised down to 17.35 lakh crore or 5.8% of gross domestic product (GDP) from the earlier budget estimate of 17.87 lakh crore...
"While there may be some slippage in the disinvestment target, ICRA does not expect the revised fiscal deficit target of 17.3 lakh crore for FY24 to be breached," said Aditi Nayar, chief economist, ICRA...
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