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Fiscal Deficit Update: Government Balances Books Amid Economic Challenges

Published on: July 31, 2025, 5:40 p.m. | Source: Devdiscourse

India's central government's fiscal deficit reached 17.9% of the annual target by June's end, as reported by the Controller General of Accounts. Compared to last year's 8.4%, the gap between government expenditure and revenue was Rs 2.80 trillion for the first quarter of the 2025-26 fiscal year.

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