India’s fiscal deficit for the April-October period widened to Rs 8.25 lakh crore, according to the data released by the Controller General of Accounts on Friday.
The deficit has reached 52.6% of the FY26 target in the first seven months of the financial year, as per the data. In the year-ago period, the fiscal deficit stood at 7.51 lakh crore and had reached only 46.5% of the yearly target.
The Centre’s revenue deficit in the April-October period stood at Rs 2.44 lakh crore, which is 46.7% of the annual target. In the year-ago period, the deficit was sharper at 52.2%.
The total expenditure during the first seven months of this fiscal stood at Rs 26.25 lakh crore, which is 51.8% of the FY26 estimated target, similar to the 51.3% it had reached in the year-ago period.
Out of this, the total capital expenditure stands at Rs 6.17 lakh crore, which is 55.1% of the annual target. This marks a jump as compared to the year-ago period, when capex stood 42% of the fiscal target.